Bank of Japan Set to Hike Rates to 30-Year High Friday. Why That's Bad for the US.

Core Viewpoint - Investors should closely monitor the central bank's upcoming policy decision, as it has the potential to disrupt the yen carry trade [1] Group 1 - The central bank's policy decision is anticipated to have significant implications for currency trading strategies [1] - The yen carry trade, which involves borrowing in yen to invest in higher-yielding assets, may face challenges depending on the central bank's actions [1]