Bank of Japan policy language could spark volatility in crypto and $XRP

Prominent cryptocurrency analyst Kamilah Stevenson has indicated that a shift in the Bank of Japan’s (BOJ) approach to describing inflation could have wide-reaching effects on both the Japanese yen and global crypto markets, potentially triggering volatility even in the absence of an immediate interest rate hike. Stevenson highlighted the importance of BOJ policymakers explicitly stating that core inflation has reached their longstanding 2% goal. She noted that the central bank has not made such a declaration since it first set that objective in 2013.

Source: CoinTurk News