In short

  • The Fed sets interest rates on Wednesday, with a probability of an increase of over 80%

  • BOJ economists expect an interest rate increase to 1.25% on Friday, the highest in 31 years

  • Fed and BOJ rate hikes will lead to a global tightening pattern last seen in 2006

Read the original story Bank of Japan, Fed rate hikes expected the same week: Will the yen rise? by Darryn Pollock on no.beincrypto.com