Recently, economists: The probability of the Bank of Japan raising interest rates in January is the highest, and exchange rate fluctuations may force it to act earlier!

Japan may be "forced to raise interest rates"
Once the yen continues to depreciate, it will push up import inflation. Even if the Bank of Japan does not want to tighten, it will have to act to stabilize the exchange rate. This means:
1. The world's last "zero interest rate safe haven" is closing, and the era of cheap yen is coming to an end.
2. Yen rate hikes will drain some liquidity globally, which is bearish for US stocks, cryptocurrencies, and risk assets.
3. The Asian capital landscape may be reshuffled, and the yen will no longer be just a financing currency.
In simple terms: Japan's interest rate hike is not just Japan's business; it is a signal of a global capital turning point.