4 Articles
4 Articles
Should the Bank of Japan Raise Interest Rates?
At the beginning of 2013, when "Abenomics" was rolled out in Japan, the yen was significantly overvalued, and looser monetary policy was badly needed. Today, the opposite is true, indicating that interest-rate hikes may well be the right prescription for Japan.
While the Bank of Japan is considering an acceleration of interest rate increases, the consequences could extend to Bitcoin. At issue, the "yen carrier trade", a historical strategy of the traders. The article The Bank of Japan could accelerate its rate increases: what impact on Bitcoin? appeared first on Cryptoast.
Bank of Japan may accelerate rate hikes to combat inflation, and Bitcoin holders should pay attention
BOJ's potential rate hikes could disrupt global financial markets, impacting risk assets like Bitcoin due to changing capital flows. The post Bank of Japan may accelerate rate hikes to combat inflation, and Bitcoin holders should pay attention appeared first on Crypto Briefing.
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