- Fed Hike Odds: 60% probability of a rate hike by December, per futures traders — up from near-zero in January
- BOJ Policy Rate: Raised to 1% (31-year high), with policymakers eyeing 2% neutral level
- Dollar/Yen: USD/JPY hovering near 161.50, keeping Tokyo's intervention squad on edge
- Yuan: PBOC weakened the midpoint to 6.8195 — third straight day of guided depreciation
The Checkup
Central banks are sprinting in opposite directions,...