Central Bank Meetings and Market Reactions Highlight Hawkish Policy Signals
The Bank of Japan maintained interest rates but raised its inflation forecast, signaling potential rate hikes as early as June. Global markets reacted with mixed movements, including a slight rise in the yen and a decline in the Nikkei, while U.S. indices hit new highs. Energy prices climbed due to ongoing tensions in the Strait of Hormuz and the Iran stalemate.
Topics: central bank policy interest rates Iran conflict market trends oil prices yen