Yen strengthens as Bank of Japan raises inflation forecast

12 articles · Updated · Bloomberg · Apr 28

The yen rose as much as 0.3% to 158.99 against the dollar after the BOJ's decision, with three board members now supporting a rate hike, up from one in March.
Despite the Bank of Japan keeping its benchmark rate unchanged, the increase in dissenting policymakers signals a growing hawkish sentiment within the board.
The market reaction included a drop in bond futures, reflecting heightened expectations of future monetary tightening as inflation forecasts are revised upward.

Can Japan's economy withstand a rate hike while battling a severe energy crisis from the Middle East?

With hawkish dissent growing, will the BOJ finally raise rates before the summer of 2026?

Has Japan truly escaped deflation, or is this inflation surge just a temporary, painful shock?

Is the yen's recent strength a lasting trend, or will global crises keep it weak?

Will Prime Minister Takaichi's spending plans undermine the Bank of Japan's fight against inflation?

As living costs surge, will Japan's historic wage growth actually improve household finances?