JPY Shockwave: Is the BOJ Finally Ready to End an Era?

The Bank of Japan is now highly likely to raise interest rates at its December meeting, according to Reuters sources. Crucially, the move has the Japanese government's tolerance, removing a major political hurdle to normalizing monetary policy and signaling an end to the decades-long zero-rate era. This shift introduces massive volatility for the Japanese Yen (JPY) and global capital flows.