Nikkei Futures Rise as BOJ Lifts Rate to 1.25%, Yen Weakens
Nikkei futures extended gains and the yen weakened after the Bank of Japan raised its policy rate to 1.25% in a widely expected move.
25% in a widely expected move. The BOJ said underlying inflation is approaching its target of 2% and that it would keep a close eye on the Middle East conflict, yen movements and the possible economic fallout.