{
  "id": 4563257,
  "title": "Bessent Says Yen Moves ‘Pretty Contained’ and Not Disorderly",
  "url": "https://urgent.news/2026/08/31/bessent-says-yen-moves-pretty-contained-and-not-disorderly-4563257",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-31T03:28:12.000Z",
  "source": {
    "name": "The Japan News by The Yomiuri Shimbun",
    "slug": "the-japan-news-by-the-yomiuri-shimbun",
    "url": "https://japannews.yomiuri.co.jp/news-services/reuters/20260831-346281/"
  },
  "original_language": "en",
  "account": "U.S. Treasury Secretary Scott Bessent declared on Sunday that recent movements in the Japanese yen were \"pretty well contained,\" implying the currency's recent declines were not deemed disorderly, unlike the intervention seen last month between Japan and the United States. Speaking to Reuters, Bessent expressed confidence in Bank of Japan Governor Kazuo Ueda's monetary policy decisions, backed by Prime Minister Sanae Takaichi, when asked about the possibility of consecutive interest rate hikes to curb the yen's decline. However, Bessent declined to dictate the BOJ's actions, stating he would only affirm his belief that the end of Abenomics - a reflationary program - had been reached. Bessent plans to meet Ueda during the Group of 20 finance leaders' two-day meeting in Asheville, North Carolina, commencing on Monday. The Treasury Secretary praised Ueda's economic acumen, describing him as \"great\" and underappreciated for his market savvy. When queried about the yen's continued disorderly moves, Bessent affirmed: \"Oh, no. I think it's pretty well contained.\"",
  "summary": "ASHEVILLE, North Carolina, Aug 30 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Sunday recent yen moves were \"pretty well contained,\" suggesting the Japanese currency's renewed slides were not seen as the kind of disorderly moves that led to a rare joint Japan-U.S. intervention last month.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}