The Bank of Japan raised its key policy rate to the highest level since 2008 and took a more bullish view on the strength of inflation.

Japan's central bank raised interest rates to their highest since the 2008 global financial crisis and revised up its inflation forecasts.

In the eyes of Japanese economic policymakers, there have been few surprises from the nearly week-old Trump administration. That, in part, gave them confidence to raise interest rates again Friday. Why it matters: The Bank of Japan had held off hiking rates late last year,

The sudden expansion of Israeli security operations in the West Bank has killed at least 10 people and follows the start of the delicate ceasefire process in Gaza, by which Israeli hostages are released in stages and will also see the gradual withdrawal of Israeli forces.