BOJ Rate Shock Incoming? ๐ฏ๐ต
Former BOJ board member Makoto Sakurai just hinted that Japan could hike rates to 1.0% by JuneโJuly, with a longer-term ceiling around 1.75% โ roughly Japanโs estimated neutral rate.
Thatโs a huge shift after decades of ultra-easy policy. Japan is finally stepping back into the global rate cycle.
Why this matters ๐
Yen strength could accelerate ๐
Carry trades may start to unwind fast ๐ฅ
Global liquidity could tighten more than markets expect ๐
For macro and crypto traders alike, this isnโt just a Japan story. A real BOJ pivot could ripple through FX, risk assets, and global leverage.
Stay alert โ Japan is back in the rate game.