📊 Inflation surprise BoJ hike and crypto rulebook momentum
1/ 🧾 CPI downside surprise but with big caveats: Headline and core US CPI both printed below every Bloomberg forecast at 2.7% and 2.6% y/y, breaking a four-day S&P 500 decline and briefly increasing BTC above $89K before it decreased down to ~$84.5K and then back above $88K.


2/ 💹 BoJ finally tightens as JGB yields break 2%: The Bank of Japan delivered a widely expected 25bp hike to 0.75% in a unanimous decision, its highest policy rate since 1995, signalling that further gradual tightening is likely if its October outlook holds, with 10-year JGB yields moving above 2% for the first time since 1999.


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