U.S. treasury chief Bessent signals support for Bank of Japan independence

The Japan TimesCenterEN 1 min read 100% complete by Francis TangOctober 29, 2025 at 09:35 AM

AI Summary

short article 1 min

U.S. Treasury Secretary Scott Bessent expressed support for central bank independence after meeting with Japanese Finance Minister Satsuki Katayama on Wednesday. In an X post, Bessent highlighted that allowing the Bank of Japan (BOJ) to operate independently would be crucial in managing inflation expectations and reducing exchange rate volatility. Prime Minister Sanae Takaichi has been a supporter of Abenomics, which includes easy monetary policies and fiscal stimulus, leading to market optimism but also concerns over high inflation in Japan.

Key Topics & Entities

Satsuki Katayama 50% Japan ×380% Scott Bessent ×2100% Bank of Japan ×2100%

Keywords

central bank independence 90% bank of japan 80% inflation expectations 70% exchange rate volatility 60% abenomics 50%

Sentiment Analysis

Positive

Score: 0.20

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Source

The Japan Times

Political Lean

Center (0.00)

Far LeftCenterFar Right

Classification Confidence

85%

Geographic Perspective

Japan

This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).

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central bank independence bank of japan inflation expectations exchange rate volatility abenomics

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