Bank of America Explosion Prediction: The Bank of Japan will raise interest rates to 0.75% in December!
Subsequently, it will raise rates once every six months, and the schedule has been set.
On December 5, according to BlockBeats, Bank of America economist Takayasu Kudo made a significant judgment in the latest report – the Bank of Japan will raise the current target interest rate from 0.5% to 0.75% at the monetary policy meeting on the 18th to 19th of this month, marking a key step in the recent tightening of the Bank of Japan's policy.
Takayasu Kudo explained that recent corporate earnings performance, progress in wage negotiations, the depreciation of the yen in the foreign exchange market, along with communication results with the Japanese government, have all boosted the Bank of Japan's confidence in raising rates in December, and the signal for a policy shift has become quite clear.
The report also outlined the long-term rate hike schedule:
After the rate hike in December, the Bank of Japan will maintain a frequency of "raising rates once every six months," with the next action expected to fall in June 2026, and further actions in January and July 2027 will continue to follow this operation. #巨鲸动向 #美SEC和CFTC加密监管合作 #美SEC推动加密创新监管