MARKET SHOCK šÆšµ
Bank of Japan CONFIRMS rate hike to 0.75% on Dec 19 ā the highest level in 30+ years.
This ends the era of ultra-easy money in Japan
Why it matters:
ā¢ Higher rates = tighter liquidity
ā¢ Yen strength risk
ā¢ Pressure on global stocks & crypto
Markets see this as BEARISH for risk assets.
Volatility likely ā stay sharp.
