Day: December 19, 2025

Land of the Rising Stocks…and the Falling Yen

Overnight, the Bank of Japan raised its benchmark interest rate by 0.25% to 0.75%. Central bankers did not give any indication as to whether or when they may raise rates again, So the street appears to be taking this as a neutral or even dovish hike. The Yen has dropped 1.1% on a day when […]