Breaking! Bank of Japan Governor Ueda makes an emergency statement tonight—Rate hike countdown begins?

According to insiders, Bank of Japan Governor Kazuo Ueda will deliver an emergency statement tonight at 8:00 PM Eastern Time. Insiders predict he may officially announce a rate hike. At the same time, a plan to dispose of approximately $620 billion in U.S. stocks and ETFs will be initiated. All eyes are on Japan today. ❓️Why now? Japan's core inflation rate in April has risen to 2.8%, far exceeding the government's official data and consistently above the 2% target. Deputy Governor Masazumi Wakatabe has made it clear: policy rates will continue to rise, and the direction of rate hikes is unquestionable. Schnabel says June is a must for hikes, and the European Central Bank is hiking. Masazumi Wakatabe says the direction is set, and the Bank of Japan is hiking too. In June, two major central banks pull the trigger simultaneously. ⚠️ What does "selling $620 billion in U.S. stocks and ETFs" mean? Ueda has previously stated clearly: when reducing ETF holdings, efforts will be made to avoid market disruptions and sell at appropriate prices. This is the final step in the Bank of Japan's exit from ultra-loose monetary policy. From "rate hikes" to "balance sheet reduction," from "liquidity provider" to "liquidity retriever." A $620 billion sell-off is enough to create significant ripples in U.S. stocks and the crypto market. ✅️ The rate hike path is now clear. A June rate hike means a stronger yen, unwinding of carry trades, and a forced return of global funds borrowed in yen to buy risk assets. In August 2024, when a 0.25% rate hike occurred, the Nikkei plunged 12%, and global markets saw a single-day crash. If another rate hike happens this time, combined with the $620 billion asset disposal, the impact will only be greater. The dates for the June FOMC and Bank of Japan meetings are already set in stone. Two of the world's most important central banks face a credibility test in the same month. June is the most dangerous crossroads for global monetary policy this year. #BankOfJapan #RateHike #CarryTrade #JuneRisks #BTC