Just finished watching Japan's interest rate hike and the Bank of Japan Governor's speech. Here's a casual, key-point version of Japan 1-2-3-4 Hundred Years: 1. This rate hike is not a "shift to tightening," but a normalization step reiterated repeatedly. It hasn't entered an aggressive rate hike cycle; this time, it's more about moving slightly from "extremely large scale" towards normalcy. Don't interpret it as a full-scale withdrawal of liquidity.
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#日本加息
Just finished watching Japan's interest rate hike and the Bank of Japan Governor's speech. Here's a casual, key-point version of Japan 1-2-3-4 Hundred Years: 1. This rate hike is not a "shift to tightening," but a normalization step reiterated repeatedly. It hasn't entered an aggressive rate hike cycle; this time, it's more about moving slightly from "extremely large scale" towards normalcy. Don't interpret it as a full-scale withdrawal of liquidity.