Japan's wholesale inflation has surged to 6.8%, as companies pass rising fuel and chemical costs on to consumers—adding to the pressure! The Bank of Japan's meeting this month is in focus, with market expectations for rate hikes continuing to grow. Yen-denominated import prices have jumped 24.5% year over year, and the weak yen continues to push up raw material costs. This shift in monetary policy could have a significant impact on $BTC and $ETH !
Japan's wholesale inflation hits 6.8%, companies passing fuel & chemical costs to consumers, pressure mounting! The Bank of Japan's upcoming meeting will closely monitor this, with market expectations for rate hikes persisting. Yen-denominated import prices surged 24.5% YoY, and the weak JPY continues to push up raw material costs. This monetary policy direction will definitely impact $BTC and $ETH !
#Inflation #InterestRate
Japan's wholesale inflation hits 6.8%, companies passing fuel & chemical costs to consumers, pressure mounting! The Bank of Japan's upcoming meeting will closely monitor this, with market expectations for rate hikes persisting. Yen-denominated import prices surged 24.5% YoY, and the weak JPY continues to push up raw material costs. This monetary policy direction will definitely impact $BTC and $ETH !
#Inflation #InterestRate