The Bank of Japan just delivered one of its most hawkish splits in years 🚨

Rates were held at 0.75% in a narrow 6-3 vote

But the real signal came from the dissent

Three policymakers including a former dove

They pushed for an immediate hike to 1.00%, showing growing concern over persistent inflation pressures.

At the same time:

The BOJ raised its inflation forecast to 2.8%, reinforcing expectations that tighter policy could arrive sooner than markets anticipated.

Japan’s era of ultra-loose monetary policy may be approaching a major turning point.