Stock market today: Asian benchmarks mostly climb despite worries about US economy
Asian shares are mostly higher despite worries about the economic outlook and inflation in the U.S. and globally
By YURI KAGEYAMA
Published - Apr 26, 2024, 03:24 AM ET
Last Updated - May 27, 2024, 01:06 AM EDT
TOKYO (AP) — Asian shares mostly rose Friday despite worries about the economic outlook and inflation in the U.S. and the rest of the world.
The Bank of Japan ended a policy meeting with no major changes, keeping its benchmark interest rate in a range of 0 to 0.1%. In March, it raised the key rate from minus 0.1%, citing signs that inflation had reached the central bank’s target of about 2%.
Japan's benchmark Nikkei 225 added 0.8% to 37,934.76, while the U.S. dollar edged up to 156.22 Japanese yen from 155.58 yen.
