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The Bank of Japan is expected to raise interest rates at the end of its two-day meeting, scheduled for December 19. This decision aims to tackle the ongoing weakness of the yen and rising domestic inflation.🤒

According to a survey conducted by Reuters with analysts, the Bank of Japan (BOJ) is expected to raise its benchmark rate from 0.5% to 0.75%. This adjustment would represent the first change in the BOJ's monetary policy since a 25 basis point increase that occurred at the beginning of 2025, projecting Japanese loan rates to the highest level in three decades🥀.$BTC 🥀

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