The BoJ managed the situation admirably, communicating and implementing a 15bp rate hike that was well-received by the market, signaling confidence in the economy's ability to absorb the change without causing financial tightening.
Japan's real policy and market rates remain negative, keeping policy accommodative, but the recent policy changes indicate a prudent move away from this setting, demonstrating market confidence in BoJ's control and credibility.
[
Collection
]
[
|
...
]