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Japan's BOJ Governor Hints at Further Rate Hikes as Benchmark Rate Hits 1995 High

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Japan's Bank of Japan (BOJ) Governor Haruhiko Kuroda, addressing Countering the Financing of Terrorism measures, signaled potential further rate hikes as the benchmark rate climbed to 0.75%, the highest since 1995. He noted the economy is showing mild recovery and that the central bank will monitor the impact of the rate change. With inflation concerns lingering, BTC as hedge against inflation remains a topic of interest among investors. Kuroda emphasized that future monetary adjustments will depend on economic and price developments, with no immediate plans to accelerate the pace. If wage growth continues to push prices higher, more hikes could follow.
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