Federal Reserve Considers Support for Japan's Yen

Treasury Secretary Scott Bessent is reportedly seeking Federal Reserve assistance to defend the Japanese yen without impacting the sensitive U.S. bond market.

3 Aug, 22:40 — 3 Aug, 22:40

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cnbcMostly Factual2h ago

Analysis: Federal Reserve may be pulled into Bessent’s effort to support Japan’s yen

Treasury Secretary Scott Bessent wants to defend the yen without selling Treasuries into a sensitive U.S. bond market. The Federal Reserve could help.

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Federal Reserve Considers Support for Japan's Yen

Sources

Analysis: Federal Reserve may be pulled into Bessent’s effort to support Japan’s yen

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