Bank of Japan: Raises Policy Rate to 1%
Bank of Japan lifts policy rate to 1%, highest since 1995, as BoJ rate hiking cycles historically align with US recessions except during Covid.
SourceAnalysis
Bank of Japan lifted its policy rate to 1%, the highest level since 1995, triggering alarm across FinTwit because BoJ rate hiking cycles have historically coincided with US recessions with Covid as the sole exception.
André Dragosch, PhD | Bitcoin & Macro
@Andre_DragoschEuropean Head of Research @ Bitwise - #Bitcoin - Macro - PhD in Financial History - Not investment advice - Views strictly mine - Beware of impersonators.
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