Prediction evidence

Ma

That Martini Guy ₿

@MartiniGuyYT

🇯🇵Tokyo core inflation rose to 1.8%, up from 1.7% last month and exactly in line with expectations. Nothing too surprising here, but inflation is moving closer to the BOJ’s 2% target. That could keep pressure on the Bank of Japan to raise rates. Why does that matter? Higher Japanese rates can mean less cheap money flowing into global markets, which can put some pressure on risk assets like stocks and Bitcoin. For now, 1.8% isn't a shock. The bigger thing to watch is what the BOJ does next.