๐Ÿ”ดBREARISH: BANK OF JAPAN JUST WARNED INFLATION IS COMING BACK STRONGER.


This is the same central bank that spent years printing money like there was no tomorrow. Suddenly, the inflation genie is out of the bottle again, and yen carry trades just got a very loud warning shot.
They held rates steady todayโ€ฆ but slashed their growth forecasts for the year.
Now markets are pricing in a 64.4% chance of a rate hike as soon as June.
Yen carry trades just got a very loud warning shot.
Higher rates sooner than expected.
Growth downgraded.
Japanโ€™s policy pivot just turned more hawkish overnight.
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