Interpreted Prediction
In 2024, the Bank of Japan's first interest rate hike in decades caused the yen to appreciate by over 10% in a few weeks, signaling the start of the carry trade unwind.
AI Evaluation Notes
The prediction stated that the yen would appreciate by over 10% in a few weeks after the Bank of Japan raised interest rates in 2024. However, based on available data, while the Bank of Japan did make policy shifts, the yen's appreciation was not as high as 10% in a few weeks following the rate hike.
Prediction Details
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