Citing Blockbeats, Japan's central bank is expected to raise interest rates to 0.75% at its December 19 policy meeting, with an 85% probability according to market data. This move comes as the U.S. Federal Reserve is likely to cut rates in December and has already stopped quantitative tightening. The diverging monetary policies are reshaping global liquidity, with Japan's tightening potentially reversing a $5 trillion carry trade and altering capital flows into U.S. equities, bonds, and cryptocurrencies.
Japan's 80% Probability of Hiking Rates in December Amid Diverging U.S. Policy
BlockbeatsShare
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.