Before the Federal Reserve's interest rate meeting tonight, Japan took the lead in launching a "surprise attack on Pearl Harbor" - when the yen rose against the US dollar, the Bank of Japan unexpectedly raised interest rates by 15 basis points, raising the policy rate to 0.15%-0.25%. This move conveys an obvious message: pessimism about the US economic outlook, raising interest rates and selling US bonds, seems to be to save itself. However, I don't think this impact is great. For the United States, Japan's interest rate hike or cut has long been considered. If capital flows into Japan, most of it is still American capital, and the impact on the United States is only short-term. In addition, the current interest rate hike may be due to pressure from the United States. The United States cannot raise interest rates anymore, so it can only let its younger brother Japan come forward to raise interest rates. This approach is a bit like self-harm. Although it tries to fight back, it is actually just being pressed to the ground by the American "Dad". Shouting a few "Yamedie" will not have much effect, but may instead intensify patriarchal control. Without absolute economic sovereignty, economic issues are often just empty talk when the master needs benefits. This is also why more and more countries are turning to #Bitcoin. You may think this is an absurd political behavior, but in fact, this is the reality and future development trend!
