According to CoinMeta, as reported by Reuters, U.S. Treasury Secretary Scott Bessent called for a prudent monetary policy during a meeting with Bank of Japan Governor Kazuo Ueda in order to anchor inflation expectations and avoid excessive currency fluctuations. Bessent's remarks emphasized his recent calls for the Bank of Japan to raise interest rates, strengthening the arguments Ueda made at the policy meeting on September 17-18 in favor of such a move. The two officials met on Sunday during the G20 meeting of treasury secretaries and central bank governors held in Asheville, North Carolina. Bessent also stated support for Japan's decisive market and monetary measures to address the significant undervaluation of the yen, pointing out the contribution of the yen's depreciation to domestic inflationary pressures in Japan.