World shares showed a mixed performance following the Bank of Japan's decision to raise its benchmark interest rate for the first time in 17 years, moving from a negative rate policy to a range of 0 to 0.1%. The Tokyo's Nikkei 225 index rose by 0.7% to 40,003.60, while the dollar strengthened against the Japanese yen. The BOJ cited stable inflation above its 2% target but highlighted uncertainties in various sectors such as industrial production, exports, and government spending.
Analysts viewed the rate hike as a measured step to transition from extreme policies without aggressively tightening credit. Expectations suggest the BOJ may maintain a near-zero interest rate policy for another year. Meanwhile, the focus shifts to the Federal Reserve's upcoming meeting on interest rates, with the anticipation that the central bank will maintain its current rate level.
