The Yen’s Tightrope: Japan’s Cautious Dance with Interest Rates

Japan’s central bank is cautiously contemplating interest rate hikes after decades of ultra-low rates, presenting a delicate balancing act for the Bank of Japan (BOJ). In July 2024, the BOJ nudged its key rate to 0.25% from near-zero. This small step marked a significant shift in policy direction. The bank also plans to reduce bond […]