Within 24 hours, the BOJ and the Fed both held. Their dissents pointed in opposite directions. Takata voted to hike — using the oil shock as an argument for faster tightening. Miran voted to cut — the president's own appointee, with core PCE at 3.0%. Same shock. Opposite conclusions. For Japanese financials, both scenarios lead to the same place.
https://gyokuro.dev/en/posts/two-holds-two-dissents/
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