US Treasury Secretary Scott Bessent told Japanese Finance Minister Satsuki Katayama and Bank of Japan Governor Kazuo Ueda that the Asian country’s next step should be to raise interest rates, NHK reports, citing an interview with a US official.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-31/bessent-tells-japan-officials-rate-hikes-are-needed-nhk-says-mthudgie)