Bank of Japan set to raise rates to 31-year high, vow further increases - Reuters

The Bank of Japan is poised to raise interest rates to their highest levels since 1995, marking a 31-year high. This policy shift includes vows for further increases, which could trigger yen strength and impact global risk assets and crypto markets. Consequently, forward guidance from the BOJ remains crucial for investors navigating these changes. The move represents a significant transition in monetary strategy, as reported by Reuters and Crypto Briefing regarding the upcoming rate hikes.