Sage Investment Club

Reuters headline on a remark from Japanese Prime Minister Kishida:

  • Acknowledges BOJ’S December policy decision was an operational tweak
    to enhance, sustain monetary easing effects smoothly

Huh. Given the way inflation is rising in Japan many in the markets saw it as a tiny first step towards the Bank of Japan dially back its ultra loose policy.

If you did miss the December Bank of Japan tweak, it sent shock waves through global markets:

The decision was such a shock that representatives from the government requested, and were granted, a 30 minute adjournment:

Bank of Japan

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