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Have you ever thought about what influences the financial sector? Often, the decisions of leading banks can trigger outcomes you never thought possible. Traders are closely watching the Bank of Japan (BOJ) and the important meeting that will be held on June 16 and 17. Why? Their decisions may greatly help Bitcoin and other investments. Why is this such a big concern? Most of the talk is centered on Quantitative Easing (QE). Consider the economy is like a car that is running a little slower than it should. The BOJ might try to give the economy a boost by pumping additional money into circulation. That is the reason governments perform quantitative easing (QE). They take this action by purchasing government bonds. Buying bonds provides cash to the economy, so banks tend to lower their interest rates and inspire businesses and individuals to make investments and spend.
