BlockchainGiant
The Bank of Japan's recent rate hike is not primarily about "tightening," but about "moving towards normalcy." This statement may seem ordinary, but it actually reflects a key turning point as Japan's economy emerges from a long-term deflationary quagmire.
Let's look at the good news first. The ability to raise interest rates is backed by substantial improvements in economic fundamentals. Achieving inflation targets for 44 consecutive months, wage growth reaching a high of 5.25%, and corporate confidence hitting a four-year high—what do these data indicate? Japan has finally broken the "three
View OriginalLet's look at the good news first. The ability to raise interest rates is backed by substantial improvements in economic fundamentals. Achieving inflation targets for 44 consecutive months, wage growth reaching a high of 5.25%, and corporate confidence hitting a four-year high—what do these data indicate? Japan has finally broken the "three