## Will the Yen Weaken After Japan's Rate Hike? Why the Market Isn't Buying It
On December 19, the Bank of Japan announced a rate hike, raising the benchmark interest rate to 0.75%, the highest in nearly 30 years. At first glance, this should be a strong signal, but the market's reaction was unexpectedly— the US dollar against the yen not only did not fall but actually appreciated.
**Central Bank's Ambiguous Stance and Insufficient Signals**
Bank of Japan Governor Haruhiko Kuroda's performance at the press conference became the main reason for market disappointment. Although the statement emph
View OriginalOn December 19, the Bank of Japan announced a rate hike, raising the benchmark interest rate to 0.75%, the highest in nearly 30 years. At first glance, this should be a strong signal, but the market's reaction was unexpectedly— the US dollar against the yen not only did not fall but actually appreciated.
**Central Bank's Ambiguous Stance and Insufficient Signals**
Bank of Japan Governor Haruhiko Kuroda's performance at the press conference became the main reason for market disappointment. Although the statement emph