Macro

BoJ holds at 0.75%; yen near 162 pressure points

Bank of Japan held its policy rate at 0.75% April 28 via a 6-3 split vote, downgrading 2026 growth to 0.5% from 1.0% while lifting core inflation to 2.8% from 1.9%. The yen trades near 162, facing depreciation pressure; markets expect another July hike.

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