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

Japan’s latest inflation surprise could weigh on financial markets. Prices charged by Japanese producers rose 7.1% in October, above economists’ 6.5% forecast. The latest PPI report measures prices between businesses. Japan’s import prices jumped 24.8% in yen terms. A weak currency is making imported fuel and materials more expensive, and companies may pass some of The post Japan Nears a 37-Year Rate Hike First: Will Bitcoin and Stocks Suffer? appeared first on BeInCrypto.