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Money Games: Japan and Ethiopia Play by Different Central Banking Rules

Reading time: 2 min • Mar 25, 2025, 06:04 PM (UTC)

Key Points

  • Japan's central bank raises rates to 0.5%, signaling a shift...

Ever wondered what would happen if central banks had a group chat? Japan would be the one posting "New year, new me" selfies while Ethiopia keeps their camera off in silent determination.

Yen-sanity Returns: Japan's Big Move

After years of playing it cool with rock-bottom rates, Japan's central bank is finally ready to join the big leagues. The yen bounced back to 150.11 against the dollar today, recovering from its 150.95 slump - proving that sometimes playing hard to get actually works. The Bank of Japan cranked up rates to 0.5% in January, their spiciest move since 2008, and they're no...

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