#bojraisesratesto31yearhigh
The Bank of Japan (BOJ) delivered a historic 7–2 vote to raise its benchmark policy rate to 1.25%, marking its highest interest rate level in 31 years as Governor Kazuo Ueda officially declared monetary policy has entered a "new phase". This rate hike—coming just three months after the prior increase—aims directly at curbing accelerating inflation driven by a weak yen, rising wages, and soaring energy import costs sparked by Middle East conflicts. Beyond controlling local price pass-throughs, the aggressive shift fundamentally unwinds decades of ultra-cheap global liquidity, unwinding carry trades and signaling that Japan's long-standing era of free borrowing costs has firmly ended. $BTC
The Bank of Japan (BOJ) delivered a historic 7–2 vote to raise its benchmark policy rate to 1.25%, marking its highest interest rate level in 31 years as Governor Kazuo Ueda officially declared monetary policy has entered a "new phase". This rate hike—coming just three months after the prior increase—aims directly at curbing accelerating inflation driven by a weak yen, rising wages, and soaring energy import costs sparked by Middle East conflicts. Beyond controlling local price pass-throughs, the aggressive shift fundamentally unwinds decades of ultra-cheap global liquidity, unwinding carry trades and signaling that Japan's long-standing era of free borrowing costs has firmly ended. $BTC
