Home
News
Details

BOJ Set to Hike Rates 25 BPS on Dec 19, Markets Braced for Global Impact

iconBitcoin.com
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
BTC
$88,242.90-0.04%
The Bank of Japan (BOJ) is set to raise its short-term rate by 25 bps to 0.75% at its Dec. 18–19 meeting. Prediction markets show over 95% odds of the hike, signaling a potential end to negative rates. On-chain data suggests traders are monitoring altcoins to watch for volatility. The move could affect Bitcoin and global assets, with some expecting downward pressure on BTC.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.