The MSCI Asia Pacific Index gained 1.1 per cent to 127.54 as of 9 am in Tokyo. Japan's Topix index added 0.6 per cent even after the yen gained 0.6 per cent against the US dollar on Wednesday. South Korea's Kospi index rose 0.5 pe r cent. Australia's S&P/ASX 200 Index gained 0.6 per cent.
The Fed's signal that borrowing costs won't rise as fast as officials previously forecast propelled US stocks to their highest level this year. Japanese shares climbed even after guidance from the US central bank helped strengthen the yen.
"The Federal Reserve has once again come to the market's rescue," said Michael McCarthy, chief market strategist at CMC Markets in Sydney.
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