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The Bank of Japan kept its policy rate at 1.0% after its two-day meeting ending October 31, matching market expectations, with board member Hajime Takata dissenting in favor of a hike to 1.25%. The hawkish dissent signals the normalization path remains live, keeping upward pressure on JGB yields and giving the yen a potential floor, which matters for USD/JPY, carry-trade positioning, and global liquidity conditions that feed into crypto and risk assets. Watch Governor Ueda's guidance and incoming inflation data for whether the next hike gets priced for the December or January meeting, as a faster BOJ path would tighten the yen-funded carry trade that supports risk appetite.
As a Macro signal, watch whether it changes price action, volatility, or flows around JPY=X, IXIC, BTC.
Original Source: 연합인포맥스
This page is market information analysis, not investment advice.
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