๐ธ CASE FILE #172
Japan Just Raised Rates to the Highest Level in 31 Years.
The Bank of Japan raised rates 25 BPS to 1.25% in a 7โ2 vote, just three months after its previous hike โ its fastest tightening pace in decades.
The BOJ warned inflation could overshoot its 2% target and signaled further hikes remain possible if its outlook holds.
Japanโs era of ultra-cheap money is disappearing fast.
Japan Just Raised Rates to the Highest Level in 31 Years.
The Bank of Japan raised rates 25 BPS to 1.25% in a 7โ2 vote, just three months after its previous hike โ its fastest tightening pace in decades.
The BOJ warned inflation could overshoot its 2% target and signaled further hikes remain possible if its outlook holds.
Japanโs era of ultra-cheap money is disappearing fast.
