In an interview, U.S. Treasury Secretary Scott Bessent expressed confidence in Bank of Japan (BOJ) Governor Kazuo Ueda, stating his belief that Ueda would take "the necessary actions" if granted sufficient independence by the Japanese government.
"I think he is an excellent central bank governor, and if they give him the space to do what he will do and needs to do, I believe they will have excellent monetary policy," Bessent said.
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