🇯🇵 BANK OF JAPAN SET TO HIKE RATES!
Markets expect the BoJ to raise rates by 25 bps to 0.75% at the Dec 18–19 meeting ⏫
This would be:
• ⏱️ First rate hike in 11 months
• 📈 Highest policy rate in ~30 years
• 🚪 A clear break from ultra-easy monetary policy
Why it matters:
• 🔥 Core inflation ~3%, well above the 2% target
• 💼 Wage growth is finally sticking
• 💱 Stronger yen could unwind global carry trades
• 🌍 Japan may no longer be the world’s cheapest source of liquidity
A BoJ pivot doesn’t stay local 🌊
It ripples across FX, bonds, equities — and crypto ⚡
