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Japan's Finance Minister Cites Bessent's View That Fiscal Situation Improving, Denies U.S. Pressure

2026-08-05 11:01:45

According to Japanese Finance Minister Katayama Shoji, U.S. Treasury Secretary Bessent believes Japan's fiscal situation is improving, Katayama said on August 4. The remarks followed Washington's assistance in supporting the yen. "Overall, Bessent indicated Japan is moving in the direction of fiscal discipline," Katayama said, citing Bessent's statements during overnight media interviews.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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