The Fed and the BOJ: The Manichaean War for Central Bank Independence

Strategy Report ·QS Team ·11 Dec 2025

#US Federal Reserve #Boj what to expect #US Federal Reserve Independence. #BoJ #Trump’s Crusade Against the US Fed
The Fed and the BOJ

More Fed cuts to come....but not the sort that will contiue to inspire confidence in equity markets.  

In Japan the battle for central bnk independence will be declared when Ueda raises rate by 75BP in the BoJ December meeting.  That will only be the first of many rate hikes.
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