#BinanceABCs The Bank of Japan's 0.75% rate hike seems negligible, still ranking second to last among major central banks worldwide. But don't underestimate this number—it is the highest level in 30 years, and this historical high alone is enough to tell the story.
It's a bit like watching a movie and having the plot spoiled in advance. By the time you sit in the theater, the content on the screen has already been thoroughly spoiled, leaving nothing to surprise you. The central bank's move has been anticipated and digested by the market during the entire prelude. This is called "showing your hand openly"—no surprises, just the price already reflecting the path taken.
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#BinanceABCs The Bank of Japan's 0.75% rate hike seems negligible, still ranking second to last among major central banks worldwide. But don't underestimate this number—it is the highest level in 30 years, and this historical high alone is enough to tell the story.
It's a bit like watching a movie and having the plot spoiled in advance. By the time you sit in the theater, the content on the screen has already been thoroughly spoiled, leaving nothing to surprise you. The central bank's move has been anticipated and digested by the market during the entire prelude. This is called "showing your hand openly"—no surprises, just the price already reflecting the path taken.