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Bank of Japan Rate Hikes Could Push Borrowing Costs Above 2%, Ex-Official Warns

Bank of Japan Rate Hikes Could Push Borrowing Costs Above 2%, Ex-Official Warns
Former Bank of Japan (BOJ) official warns that the central bank may accelerate its pace of interest rate hikes, potentially pushing borrowing costs above 2%. This move could significantly impact global financial markets, including cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). The warning highlights growing concerns over tighter monetary policy in Japan, which could strengthen the yen and reduce liquidity in risk assets. Investors should monitor BOJ decisions closely as they may influence market volatility and crypto trading strategies.
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