#日本加息 Japan bids farewell to 30 years of ultra-low interest rates, market confirms a 25 basis point rate hike on Friday

The probability of the Bank of Japan raising interest rates by 25 basis points in December has risen to 98%. If the rate hike occurs as scheduled on Friday, December 19, Japan's benchmark interest rate will increase from 0.50% to 0.75%, marking the highest level since 1995 and signaling Japan's formal departure from the ultra-low interest rate era that has lasted for 30 years.

Currently, both authoritative polls and underlying economic data show a 'universal consensus': A Bloomberg survey indicates that all respondents predict a rate hike to 0.75% this week, and Reuters also shows that over 90% of experts share the same view.