Yen weakens and Japanese stocks fall after central banks hold rates steady

The Japanese yen came under pressure and stock markets in Japan declined after both the Bank of Japan and the U.S. Federal Reserve held their key interest rates steady. The yen briefly weakened past 157 against the U.S. dollar, while the Nikkei 225 stock average fell sharply. The moves reflect market reactions to the central banks' decisions and concerns about the economic outlook.