#美联储联邦公开市场委员会决议 Japan may raise interest rates next week. What does this mean for the global financial markets?

At first glance, the US appears to remain neutral, but it actually hints at support. The reason is simple—Japan's moderate rate hike acts as a stabilizer for the US. It can stabilize the US debt market, prevent large-scale Japanese sell-offs of US Treasuries from impacting US interest rate systems, and effectively absorb the risks accumulated from global yen carry trades. This is crucial for preventing a panic-driven decline in US stocks.

On another level, the US is also weighing its options. A weaker yen gives Japanese exports an advantage, but it also means that the US manufacturing revival plan might face obstacles. Gradually normalizing the interest rate differential can both ease this competitive pressure and reduce external shocks for the Fed’s future rate cut cycle.

Ultimately, the US’s bottom line is: welcome Japan’s normalization adjustments, but the pace should be gentle. Progress should be orderly, within controllable ranges, avoiding the triggering of systemic global risks—this is the real meaning behind the headlines. For the crypto markets, paying attention to changes in global liquidity remains a top priority.