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Japan announced a 25 basis point interest rate hike today, in line with market expectations.
Last time Japan announced a rate hike in 2024, “big cake” dropped by nearly 20,000 points within a week—do you think this time will be different?
This Thursday, the Federal Reserve will also hold a policy meeting, and the market expects interest rates to remain unchanged.
It mainly comes down to whether the statements are dovish or hawkish.