The Zhitong Finance App learned that US Treasury Secretary Basent has recently continued to publicly pressure Japan to tighten monetary policy and has frequently released strong signals supporting the yen, which is rapidly boosting market expectations about the Bank of Japan's future interest rate hike path. As investors have almost completely bet that the Bank of Japan will raise interest rates by 25 basis points next week, some market participants have even begun discussing the possibility of raising interest rates by 50 basis points at once or continuously. Analysts warned that if the hawkish signals finally released by the Bank of Japan do not meet market expectations that have already been raised sharply, the yen's recent gains may reverse rapidly and bring new fluctuations to global financial markets.

The Zhitong Finance App learned that US Treasury Secretary Basent has recently continued to publicly pressure Japan to tighten monetary policy and has frequently released strong signals supporting the yen, which is rapidly boosting market expectations about the Bank of Japan's future interest rate hike path. As investors have almost completely bet that the Bank of Japan will raise interest rates by 25 basis points next week, some market participants have even begun discussing the possibility of raising interest rates by 50 basis points at once or continuously. Analysts warned that if the hawkish signals finally released by the Bank of Japan do not meet market expectations that have already been raised sharply, the yen's recent gains may reverse rapidly and bring new fluctuations to global financial markets.