Bloomberg: After Trump announced his tariff policy, the cryptocurrency market was hit hard

After the G20 meeting, Kazuo Ueda stated that monetary conditions remain accommodative and expressed a desire to continue raising interest rates, with a focus on discussing the upside risks of inflation at the September 17-18 meeting. Overnight index swaps indicate that the probability of a rate hike in September is now close to 100%. If implemented, it would break the previous interval of about six months between hikes, marking the fastest consecutive rate increase during Ueda's term. The Nikkei 225 Index and South Korea's KOSPI both fell by more than 2%, and Japanese bonds are under pressure.