Japanese media: The Bank of Japan is expected to raise interest rates to 0.75%, the highest in 30 years

On December 15, according to the Nikkei News, the Bank of Japan will hold a monetary policy meeting on December 18-19 to raise the current policy interest rate of 0.5%, which has now entered the final coordination stage. The most likely scenario is a rate increase of 25 basis points to 0.75%, reaching the highest interest rate level in 30 years since 1995.

Bank of Japan Governor Kazuo Ueda and other executives have hinted at the intention to submit a rate hike proposal, and surveys show that more than half of the 9 policy board members, including the Governor and Deputy Governor of the Bank of Japan, are expected to support the rate hike.

Currently, no policy board member has explicitly stated opposition to the rate hike, and the Japanese government generally holds a favorable attitude towards the rate increase. The Bank of Japan will make a final decision after assessing whether there will be a stock market crash and a sharp appreciation of the yen, among other market disturbances. If the rate hike is implemented on Friday, it will be the first increase in policy interest rates in 11 months since January 2025. #币圈 #比特币跳水29万人爆仓