IMF: Bank of Japan needs one more rate hike to near neutral level
- —IMF estimates Japan's neutral rate at 1.1–2.2%, median around 1.5%
- —BOJ's current policy rate is 1.25% after the December 2025 hike
- —IMF sees inflation above 2% before returning to target by end-2027
- —The next hike could come in late 2026 or early 2027
Why it matters: The BOJ's last rate hike sent bitcoin down more than 20% in three days as yen carry trades unwound.
Source: 動區 BlockTempo