Asia Stocks Rally on Wall Street Boost, Brace for BOJ Rate Hike

• Asian share markets rebounded, mirroring Wall Street's tech-led rally.
• Bank of Japan (BOJ) is widely expected to raise interest rates by 0.25% to 0.75% on Friday.
• US consumer price inflation slowed to 2.7%, though analysts noted data distortion.
• BOJ policy normalization is anticipated due to persistent core inflation above 2% and a weakening yen.
• European Central Bank and Bank of England showed hawkish stances, impacting bond and currency markets.

Why It Matters: Global markets react to central bank actions, with Asia stocks up and BOJ rate hike imminent.