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Story summary
- The Bank of Japan (BOJ) is likely to keep its policy rate at 0.75% at the April 27-28 meeting, citing rising oil prices and Middle East instability.
- The BOJ prioritizes a review of economic impacts over a premature hike, with any increase potentially delayed until June.
- This cautious stance follows two consecutive meetings without changes.
- Markets now focus on a possible June move depending on economic conditions and inflation.
