From Breakingviews - Breakingviews - COMMENTARY: Takaichi’s Japan risks ceding policy control to US ↧ ↧ Breakingviews - COMMENTARY: Takaichi’s Japan risks ceding policy ... Treasury Secretary Scott Bessent's ‌suggestion that the BOJ will raise rates in September has already led markets to price it in, ​undermining Japan's monetary independence. It shows US ​support for the yen carries conditions that ⁠could derail the prime minister's fiscal splurge.