12min chapter

Bloomberg Daybreak: Asia Edition cover image

BOJ Raises Rates, Scraps Yield Curve Control

Bloomberg Daybreak: Asia Edition

CHAPTER

Bank of Japan's Decision and Market Reactions

The chapter analyzes the Bank of Japan's move to raise interest rates and abandon yield curve control, leading to discussions on implications for the equity market, interest rate-sensitive sectors, and the yen. Speakers speculate on future BOJ actions, mirroring the Fed's strategy, and address discrepancies between Fed policy and market perception, emphasizing reactions to the decision and its impact on various markets.

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