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The Bank of Japan is caught between responding to their weak economy (stimulus ) or torching the yen carry trade to protect their currency by raising rates.
Black Swan watch. #BOJ The Bank of Japan is caught between responding to their weak economy (stimulus ) or torching the yen carry trade to protect their currency by raising rates. pic.twitter.com/zuMWIKAsMb — Edward Dowd (@DowdEdward) May 16, 2025