🇯🇵 Bank of Japan’s Historic Rate Shift 📈
The Bank of Japan is likely to raise interest rates to 0.75%, the highest level in nearly 30 years, signaling a major shift away from ultra-loose monetary policy 🏦. The decision may be finalized at the Dec 18–19 meeting, ending an 11-month pause ⏸️. Strong support exists within the BOJ, including Governor Kazuo Ueda 👍. If approved, this move reflects growing confidence in Japan’s economic recovery 💹. However, officials remain cautious about risks like yen appreciation, stock market volatility 📉, and global market reactions 🌍. This decision could strongly influence currencies, bonds, and investor sentiment worldwide 💱📊.
