Macro· ★★★★· bearish·

Bank of Japan hikes rate to 1.25% as board member Masu calls for more tightening

  • Rate raised from 1.0% to 1.25%, decision made on September 18
  • Masu put the neutral rate at 1.1–2.5% in nominal terms
  • Wage growth excluding bonuses and overtime is about 3%, CGPI up 7%
  • Rice prices doubled between 2024 and 2025
Why it matters: Further BOJ tightening strengthens the yen and pressures risk assets, including bitcoin, via higher yields and carry-trade unwinds.
Source: TokenPost