Shares are moderately higher in Asia and U.S. futures are mixed after the Bank of Japan raised its key policy rate to its highest level in 30 years. The dollar gained against the Japanese yen after the BOJ raised its benchmark rate by 0.25 percentage point to 0.75%. The price of bitcoin jumped 3.8%, but otherwise global markets showed scant reaction to the decision, which was widely expected. On Thursday, U.S. stocks rose following a partial but encouraging report on inflation that might lead the Federal Reserve to keep cutting interest rates. The S&P 500 gained 0.8% and the Dow added 0.1%. The Nasdaq composite jumped 1.4%.
