Japan Nears a 37-Year Rate Hike First: Will Bitcoin and Stocks Suffer?

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Japan’s inflation surprise could weigh on financial markets. Prices charged by Japanese producers rose 7.1% in October, above the 6.5% forecast by economists. At the same time, import prices jumped 24.8% in yen terms, driven by a weak currency and higher costs for fuel and raw materials. These inflationary pressures bring Japan closer to a historic rate increase and fuel concerns about Bitcoin and stocks.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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