BOJ flags more rate hikes after lifting benchmark to 1%
Why it matters: The move took Japan's policy rate to its highest level since 1995, even as the yen stays near a 40-year low.
Subject
#Kazuo Ueda
Bank of Japan lifts rate to 1%, highest level since 1995
What's new: The 7-1 move pushed the Nikkei to a record above 70,000, lifted the yen and paused bond-tapering from April.
BOJ lifts rate to 1%, highest since 1995, as inflation risks widen
What's new: The 7-1 move sent the Nikkei to a record above 70,000 while the yen hovered near 160 per dollar.
BOJ's Ueda hospitalized, set to miss June 15-16 rate meeting
What's next: Deputy Governor Ryozo Himino will chair the review as markets brace for a rate hike and clues on further tightening.