Federal Reserve officials hinted at a prolonged pause in rate hikes, triggering a broad-based rally across Asian equities with Tokyo, Seoul, and Jakarta indices leading gains.
BOJ Governor Kazuo Ueda signaled that the central bank is monitoring wage and price data closely as it prepares to further dismantle its decade-long yield curve control framework.
The Reserve Bank of Australia delivered a widely anticipated but still market-moving rate cut to 4.10%, citing easing inflation and slowing household consumption.