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Hahaha, wow, the Bank of Japan has finally evolved from 'Dove King' to 'Hawk King' with this operation!🔥🔥🔥🔥$BTC
Kazuo Ueda's speech at the Keidanren yesterday was simply the most hardcore 'Christmas gift' of the year:
"Brothers, wages are rising, prices are soaring, the 2% target is no longer a PPT, it’s really going to land! The real interest rate is still as low as street vendor goods, if we don’t continue to raise interest rates, we would be disrespecting this wave of inflation!"
In plain language, it means:
"I've tolerated negative interest rates for so many years, and I can finally raise interest rates openly! Next year, we will continue, and no one can make me ease up again!"
Just a week ago, at the press conference, he was still hesitant, speaking as if squeezing toothpaste, and the market directly smashed the yen to 157 upon hearing it. Ueda probably got so angry at home that he broke a cup:
"How come these people still don’t understand my intentions! Fine, then I’ll go all in!"
As a result, on Christmas Day, he directly unleashed a big move, hawkish to the extreme, leaving the market stunned:
"Wow, is this guy serious?!"
Now those short-sellers on Wall Street are probably holding their heads and shouting:
"The Carry Trade is going to die! Where's my yen short position? Where's my leverage?!"
The essence can be summed up in one sentence:
Japan is finally no longer pretending, the era of ultra-loose monetary policy is officially over.
From now on, the yen is no longer a 'free ATM', and Japanese assets are no longer the 'world's cheapest dumpster'.
Global funds: are frantically repricing.
Retail investors: are still asking 'Can the yen still be bottom-fished?'
Ueda: Hehe, see you at the next interest rate hike.
Are you ready? Anyway, Ueda is already prepared, and this time he is really not going to be dovish 😂
Do you think this counts as the financial circle's most humorous 'late adolescent rebellion'? A 30-year zero interest rate ninja has finally drawn his sword!🔥
小『奶』🐶,『p●u●p●p●i●e●s』
$ZBT