Japan raised interest rates as scheduled, reaching the highest level in 30 years

Just now, Japan's rate hike has finally been settled, increasing by 25 basis points to 0.75%, in line with market expectations.

It's worth noting that this is Japan's highest interest rate in 30 years. For many years, due to deflation, they had zero or even negative interest rates, which is what people refer to as Japan's lost 20 years.

Now, as their central bank said, if economic and price trends align with forecasts and continue to improve, they will further raise policy rates.

Well, if their governor doesn't sound hawkish in his afternoon speech, then the negative news is already priced in.

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