Their economy is only of the major economies that has come unscathed (in terms of real growth) through the pandemic. My guess is that is why they feel emboldene

Their economy is only of the major economies that has come unscathed (in terms of real growth) through the pandemic. My guess is that is why they feel emboldened to do these major moves. Also I think they foresee a major contraction in asset prices when global monetary polices starts tightening and are trying to get ahead of that.