Japan Begins Eccentricity #bitcoin
The influential Governor of the Bank of Japan (BOJ), Shinichi Uchida, has declared that the central bank will not raise borrowing costs when markets are unstable, weakening arguments for continued liquidation in “yen trades” and increased risk aversion in riskier assets, including Bitcoin #bitcoin
“With the sharp volatility we are seeing in domestic and international financial markets, it is imperative to maintain current levels of monetary easing for the time being,” Uchida said in a speech to business leaders in Hakodate, Hokkaido.
