Group 1 - The Bank of Japan raised its policy interest rate by 0.25% to 0.75%, marking the highest level in 30 years since 1995 [1] - This rate hike is seen as a significant step towards normalizing monetary policy, with expectations that the macroeconomic environment in Japan will be favorable in 2024 [1] - The gradual pace of rate increases by the Bank of Japan is anticipated to lag behind the U.S. as the normalization process accelerates [1] Group 2 - The decision to raise rates is influenced by the balance between dovish and hawkish stances of the Bank of Japan's Governor, Kazuo Ueda [2] - A too accommodative policy could lead to further depreciation of the yen, while a too hawkish approach might trigger market sell-offs similar to those seen in July 2024 [2] - Japanese government bonds are expected to remain stable due to strong technical support and increased yield attractiveness, which will drive foreign capital inflows [2]
道富环球：日本加息使政策利率达30年来最高水平 已接近转折点
Zhi Tong Cai Jing·2025-12-19 07:40