Bessent calls on Japan to let central bank fight inflation
Japanese stocks rise as key BoJ meeting gets under way
Japanese stocks rise as key BoJ meeting gets under way

Central bank announces plans to slow pace at which it cuts monthly government bond purchases

Yen and equities steady one day after hawkish comments from BoJ governor

Jump in oil prices will increase inflationary pressures but weigh on economic activity

Surge in equities comes ahead of President Donald Trump’s visit to Tokyo

Central bank holds rates and raises inflation forecasts, fuelling expectations for monetary tightening

Rises in government bond yields and weakness in the yen could have spillover effects on other markets