BOJ RATE HIKE โ MARKET ALERT ๐ฏ๐ต
Bank of Japan raises its policy rate to 1.25%, the highest level in 31 years, in a 7โ2 vote.
๐น Two board members dissented
๐น Yen slipped to 156.91 per USD
๐น BOJ signals further tightening remains possible
๐น Markets now focus on Governor Uedaโs guidance on future rate hikes
๐ Key takeaway: The rate hike was expected, but the dissenting votes created uncertainty around the pace of future tightening.
Bank of Japan raises its policy rate to 1.25%, the highest level in 31 years, in a 7โ2 vote.
๐น Two board members dissented
๐น Yen slipped to 156.91 per USD
๐น BOJ signals further tightening remains possible
๐น Markets now focus on Governor Uedaโs guidance on future rate hikes
๐ Key takeaway: The rate hike was expected, but the dissenting votes created uncertainty around the pace of future tightening.
