April 28, 2026 10:03 AM
Global Stocks steady, yen firms after BOJ holds rates
Stocks held their ground on Tuesday as investors weighed the geopolitical tumult in the Middle East, while the yen firmed after the Bank of Japan held rates steady but the split voting underscored worries over inflation because of the war. The BOJ, in an expected move, held short-term rates steady at 0.75% but three on the nine-member board proposed hiking borrowing costs, signalling the central bank's concerns over inflationary pressures from the Middle East conflict. Markets will now foc...