Neutral. BOJ cautious reduces immediate shocks but maintains uncertainty in the exchange rate. Any sign of stronger tightening can drain global liquidity and pressure crypto.
Bank of Japan Likely to Maintain Interest Rates Amid Economic Uncertainty
The Bank of Japan is anticipated to maintain its interest rates at 0.75%, following a previous increase to a three-decade high. According to NS3.AI, investors are keenly observing for indications regarding the timing and pace of potential future rate hikes, especially in light of political uncertainty and the weakening yen. This cautious approach may influence global liquidity and lead to short-term volatility in foreign exchange and cryptocurrency markets, with Bitcoin being notably affected.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.