BOJ Likely Holds Rate at 0.75%

BOJ expected to keep benchmark short‑term rate at 0.75% on April 28, marking a third consecutive hold after December’s 25 bps hike.
Analysts cite rising inflation, higher oil prices and Middle‑East conflict‑driven growth risks, prompting a hawkish tone despite the hold.
USD/JPY stayed below 160 yen, limiting depreciation, while Nikkei 225 surged to record highs on tech, banking and industrial gains.
Analysts differ on timing of next hike, with ANZ eyeing June 25 bps increase, ING warning of possible April hike if inflation accelerates.