Posen Says Bessent's 'Posturing' on Yen Is Ill-Advised

Adam Posen, president of the Peterson Institute for International Economics, discusses Treasury Secretary Scott Bessent's challenge to traders to test his resolve on boosting the yen. "It's a bad policy," Posen tells Bloomberg Television. "As Secretary [Robert] Rubin used to say, and everyone up until now used to say: 'A strong dollar is in the US interest.'" (Source: Bloomberg) [1].

Sources

1. bloomberg.com · Posen Says Bessent's 'Posturing' on Yen Is Ill-Advised Sep 9, 2026
2. bbc.co.uk · Tycoon to pay ex-wife $1.87bn in record South Korea divorce settlement Sep 9, 2026
3. click2houston.com · Asian shares are mixed as Brent crude approaches $100 a barrel Sep 9, 2026
4. click2houston.com · Asian shares and US futures decline, while oil prices press higher Sep 8, 2026
5. click2houston.com · Global shares are mixed as chipmaker shares rally in Tokyo and Seoul Sep 7, 2026
6. click2houston.com · US issues sanctions on Turkish bank that it calls a 'critical financial lifeline' for Iran Sep 4, 2026
7. click2houston.com · Asian benchmarks trade mixed following rally on Wall Street led by technology issues Sep 4, 2026
8. marketwatch.com · Bessent says ‘I am the house now.’ What it means for the yen — and U.S. stocks. Sep 9, 2026

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