Beisen Te: It is expected that Bank of Japan Governor Kazuo Ueda will take the right actions in monetary policy

US Treasury Secretary Besson stated that he expects Bank of Japan Governor Kazuo Ueda to take the right actions in monetary policy and believes that Abenomics may have reached its end. Bessent is expected to meet with Kazuo Ueda during the G20 Finance Ministers and Central Bank Governors Meeting in Asheville, North Carolina on Monday. The Japanese yen fell below 160 against the US dollar, marking the first time since Japan intervened in the foreign exchange market a month ago.