Japan's central bank is poised to lift its growth forecast on January 23 while flagging potential rate hikes ahead. The driver? Persistent yen weakness combined with expectations of stronger wage growth are keeping inflation squarely on policymakers' radar. As currency depreciation fuels price pressures and labor costs tick higher, the BOJ faces mounting urgency to tighten monetary conditions. For market watchers tracking macro shifts that ripple through risk assets, this policy signaling carries weight—especially when considering how major central bank moves influence capital flows across digital asset markets.