BOJ Holds Rate at 0.75% Amid Inflation

BOJ likely to keep short‑term rate at 0.75% on April 28, marking a third consecutive hold after the December 25 bps hike.
Analysts cite rising inflation, higher oil prices and Middle‑East (Iran) conflict uncertainty, prompting a hawkish tone despite the hold.
Yen stayed below 160 per USD, limiting depreciation, while Nikkei 225 surged to record highs on tech, banking and industrial gains.
Market expects possible 25 bps hike in June, with Governor Kazuo Ueda’s comments to guide policy direction.