Korean Stock & Equity Research

Macro & Policy/Currency & Rates

The Bank of Japan raised its policy rate to 1.0% at its September 17-18, 2026 meeting, narrowing the US-Japan interest rate gap that has funded the yen carry trade for years — and Korea's own markets have already shown, in August 2024, how violently that kind of narrowing can spill over even when Korea's direct exposure to Japanese capital is small. The trade itself isn't dead: with the Federal ..