Uncertainty Surrounds Timing of Bank of Japan’s Next Rate Hike
The timing of the Bank of Japan's next interest rate hike is uncertain, with analysts divided on whether it will occur in October or be delayed until December. After a surprising rate increase in July, which led to a strong yen and a dip in global equities, the BOJ's next move remains a topic of debate. A recent survey indicates no immediate change in September, with varying predictions for October and December. The BOJ's cautious approach, influenced by inflation and economic conditions, will have significant implications for both Japan’s economy and global markets. Additionally, the potential rate hikes could impact the crypto market, affecting investment flows and liquidity.
2024-09-17Read
