The Bank of Japan (BOJ) raised its policy rate by 25 basis points on June 16, moving the target for the uncollateralized overnight call rate to around 1.0%.Â
Summary
- BOJ raised rates to 1.0%, putting yen liquidity and crypto market exposure back in focus.
- Oil-driven inflation risks pushed Japan’s central bank toward another step away from easy monetary policy.
- BOJ tightening adds pressure to yen carry trades, putting Bitcoin and wider digital assets back in focus.
The new rate takes effect on June 17 after a 7–1 vote by the Policy Board. The move lifted Japanese rates further from the ultra-low levels that shaped local and global markets for years.
“The…
