BOJ likely to keep its benchmark short‑term rate at 0.75% on April 28, marking a third consecutive hold after the December 25 bps hike.
Analysts cite rising inflation, oil prices and Iran conflict as reasons for a hawkish outlook, with a possible 25 bps June hike.
The yen stayed below 160 per dollar, limiting depreciation, while the Nikkei 225 rose on tech, banking and industrial gains.
Market pricing now favors a hold, though some analysts keep an April hike base case amid inflation and geopolitical uncertainty.