Macro· ★★★★· bearish·

BOJ chief doesn't rule out continuous rate hikes to curb inflation

  • —The rate was raised by 25 bps to 1.25%, the highest since 1995
  • —Two of the nine board members voted against the hike
  • —Ueda: the pace and scale of hikes depend on price dynamics
  • —Key risks for the rate are the Middle East, AI demand and the yen
Why it matters: Accelerating normalization of BOJ policy increases volatility in the yen and global rates, pressuring risk assets including crypto.
Source: ChainCatcher 链捕手
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