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The Independent UK
The Independent UK
National
Elaine Kurtenbach

Asian shares advance after weaker US price data push Wall Street higher, and a rate hike in Japan

Japan Financial Markets - (Copyright 2025 The Associated Press. All rights reserved)

Asian shares were moderately higher and U.S. futures were mixed after the Bank of Japan raised its key policy rate Friday to its highest level in 30 years.

The 0.25 percentage point increase by the BOJ was widely expected. It took the benchmark rate to 0.75%, which is still low compared with other major economies.

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