Yen reportedly sells off despite Bank of Japan rate hike to 1.25%
A September 19 post argues that two dovish dissenters overshadowed the hike and says a Federal Reserve rate increase meant the rate gap did not narrow.
TLDR
A September 19, 2026 post says the Bank of Japan raised its rate to 1.25%, a 31-year high, but the yen sold off anyway. It argues that two dovish dissenters outweighed the hike and says the Fed also raised rates by 25 basis points, leaving the rate gap no narrower.
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