BOJ Rate Shock Incoming? 🇯🇵
Former BOJ board member Makoto Sakurai just hinted that Japan could hike rates to 1.0% by June-July, with a longer-term ceiling around 1.75% estimated neutral rate. roughly Japan's
That's a huge shift after decades of ultra-easy policy. Japan is finally stepping back into the global rate cycle.
Why this matters
Yen strength could accelerate
Carry trades may start to unwind fast
Global liquidity could tighten more than markets expect
For macro and crypto traders alike, this isn't just a Japan story. A real BOJ pivot could ripple through FX, risk assets, and global leverage.
Stay alert - Japan is back in the rate game.