BOJ RATE HIKE — MARKET ALERT 🇯🇵
Bank of Japan raises its policy rate to 1.25%, the highest level in 31 years, in a 7–2 vote.
🔹 Two board members dissented
🔹 Yen slipped to 156.91 per USD
🔹 BOJ signals further tightening remains possible
🔹 Markets now focus on Governor Ueda’s guidance on future rate hikes
📌 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 7–2 vote.
🔹 Two board members dissented
🔹 Yen slipped to 156.91 per USD
🔹 BOJ signals further tightening remains possible
🔹 Markets now focus on Governor Ueda’s guidance on future rate hikes
📌 Key takeaway: The rate hike was expected, but the dissenting votes created uncertainty around the pace of future tightening.
