Official confirmation! Japan's interest rate hike in December is almost certain, and the government will not interfere! Previously, there were rumors about Japan's interest rate hike, and now Reuters and government insiders have come out to confirm it!\nKey revelation: Three Japanese government insiders say that the Bank of Japan is likely to raise interest rates in December, and the government is expected to tolerate this decision!\nInterest rate increase: It is expected to raise the policy interest rate from 0.5% to 0.75%.\nOfficial stance: One of the insiders directly stated that if the Bank of Japan wants to raise interest rates this month, it should decide for itself. This is the government's position. They added that a rate hike by the central bank this month is almost certain.\n\n💡 Why is this time for real?\nThe governor hinted: Bank of Japan Governor Kazuo Ueda signaled during a speech on Monday that there would be a thorough discussion on the pros and cons of raising interest rates. Once the news broke, the market's pricing for a December rate hike surged to about an 80% probability.\n\nFrom my personal perspective, although Hasett may bring significant long-term benefits to #Crypto , the Bank of Japan's rate hike in December is indeed a short-term negative! This will prompt the unwinding of yen carry trades, squeezing global liquidity. Since the rate hike is almost certain, the market's focus will soon shift to what level the central bank will ultimately raise rates to. Ueda is still quite ambiguous on this topic.