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
#Yen
Yen hits 160.8 per dollar, reviving Japan intervention fears
What's new: The slide came after a hawkish Fed signal, even after Japan spent a record 11.7 trillion yen on support last month.
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.