BoJ's Zero-to-Hero Interest Rate Saga Has Markets in Stitches
Key Points
- The Bank of Japan's decision to maintain a 0.5% interest rat...
Ever wondered what happens when a central bank plays 'catch me if you can' with interest rates? The Bank of Japan (BoJ) just showed us, leaving traders who bet on rate hikes looking like they brought chopsticks to a fork fight.
Yen and Now You Don't
The BoJ's decision to keep its benchmark interest rate at 0.5% on May 1, 2025, sent the yen tumbling faster than a wasabi-shocked tourist. This move caught many traders with their kimonos in a twist, especially those who had wagered their morning miso on potential rate hikes.
Trump Cards and Market Sharks
The U.S. financial circus, featurin...
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