#BOJRateShift | Japan Quietly Becomes a Global Macro Shockwave
Japan is no longer the world’s cheapest source of money — and that change is beginning to ripple through every major financial market.
After more than 30 years of near-zero interest rates and aggressive monetary accommodation, the Bank of Japan is transitioning into a tightening cycle that could redefine global liquidity conditions. What was once considered a purely domestic adjustment has now emerged as a decisive global macro force.
At its latest policy meeting, the BOJ lifted its benchmark rate to 0.75%, the highest level seen i