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Bank of Japan is set for its first rate hike in 11 months. This is in stark contrast to the Fed which is continuing to cut rates. The ramifications in terms of the yen carry trade should not be underestimated.

Published Dec 12, 2025Updated Dec 12, 20252 min read
Bank of Japan is set for its first rate hike in 11 months. This is in stark contrast to the Fed which is continuing to cut rates. The ramifications in terms of the yen carry trade should not be underestimated.