๐จ๐ฏ๐ต #JAPAN JUST SHOOK GLOBAL MARKETS! โ ๏ธ๐ฅ
THE #BOJ JUST PUSHED RATES TO A 31-YEAR HIGH! ๐ณ
The Bank of Japan raised its policy rate from 1.00% โ 1.25%, taking borrowing costs to their highest level since 1995.
But here's where it gets interestingโฆ ๐
๐ฅ BOJ ISNโT CLOSING THE DOOR ON MORE HIKES.
Governor Kazuo Ueda said the bank could consider further increases depending on inflation and economic data, including the possibility of consecutive hikes.
๐ WHY SHOULD CRYPTO WATCHERS CARE?
Japan spent decades with ultra-low rates, making the yen an important global funding currency. A shift toward higher rates can change liquidity and investor positioning across global markets.
๐ AND THE SURPRISE?
The yen actually weakened after the decision instead of immediately strengthening. Markets had largely expected the hike, while investors focused on the BOJ's
THE #BOJ JUST PUSHED RATES TO A 31-YEAR HIGH! ๐ณ
The Bank of Japan raised its policy rate from 1.00% โ 1.25%, taking borrowing costs to their highest level since 1995.
But here's where it gets interestingโฆ ๐
๐ฅ BOJ ISNโT CLOSING THE DOOR ON MORE HIKES.
Governor Kazuo Ueda said the bank could consider further increases depending on inflation and economic data, including the possibility of consecutive hikes.
๐ WHY SHOULD CRYPTO WATCHERS CARE?
Japan spent decades with ultra-low rates, making the yen an important global funding currency. A shift toward higher rates can change liquidity and investor positioning across global markets.
๐ AND THE SURPRISE?
The yen actually weakened after the decision instead of immediately strengthening. Markets had largely expected the hike, while investors focused on the BOJ's
