$ETH
Next week, the biggest negative news for Black Friday is coming! The Federal Reserve just cut interest rates on the 10th, and Japan is in a hurry to raise rates on the 19th. The Bank of Japan will not only raise rates next week, but there are also bigger actions to come?
According to sources, Bank of Japan officials privately believe that interest rates may need to be raised to above 0.75% for this round of rate hikes to end—this sends a clear signal: the expected rate hike next week may just be the beginning of a series of actions.
The market is almost 100% certain that the Bank of Japan will raise the benchmark interest rate from 0.5% to 0.75% at the meeting on December 18-19. But this is no longer a suspense; the real focus is: where will the path of rate hikes ultimately lead?
