The Nikkei 225 advanced 0.4% toward 45,000 while the Topix added 0.1% to 3,150 on Thursday, with Japanese stocks rebounding from the prior session after the US Federal Reserve delivered a quarter-point rate cut as expected. The Fed also projected two more cuts this year but only one in 2026, countering market bets for two or three reductions next year. Domestically, the Bank of Japan began its two-day policy meeting, with rates widely expected to be left unchanged as officials assess the impact of US tariffs on Japan’s export-driven economy. Still, analysts noted the BOJ could lift rates by 25 basis points in October amid signs of resilience. Tech shares led the gains, with Disco (+3.1%), Tokyo Electron (+3.2%), Advantest (+3%), SoftBank Group (+1.5%) and Lasertec (+3.3%) posting solid advances.