Japan’s Inflation Signal Matters More To XRP Than The Rate
Photo: DailyCoin
A change in the Bank of Japan’s inflation language could unsettle crypto markets even without an interest-rate increase, prominent crypto commentator Kamilah Stevenson argues in her video. Her focus is whether policymakers declare that underlying inflation has reached their 2% target—a signal she says could point toward further tightening. Dr. Stevenson says the central bank has not made that declaration since adopting the target in 2013. She cites a Bloomberg survey in which no economists expected an immediate hike, making the bank’s wording, rather than its rate decision alone, the potential surprise.
Source: DailyCoin
