Banks / Japan

Bank of Japan: decision history

Policy rate: uncollateralized overnight call rate (short-term policy interest rate)

Every observed decision and the rate series. The facts below are computed from observed decisions only, never from the calendar.

19days since the last change (18 Sept 2026)

0consecutive holds

14observed decisions since 24 Jan 2025

Observed decisions

Date	Decision	Before	After	Change	Statement
Fri, 18 Sept 2026	raise	1.00%	↑1.25%	+25 bp	boj.or.jp/en/mopo/mpmdeci/mpr_2026/k260…
Fri, 31 Jul 2026	hold	1.00%	=1.00%	0 bp	boj.or.jp/en/mopo/mpmdeci/mpr_2026/k260…
Tue, 16 Jun 2026	raise	0.75%	↑1.00%	+25 bp	boj.or.jp/en/mopo/mpmdeci/mpr_2026/k260…
Tue, 28 Apr 2026	hold	0.75%	=0.75%	0 bp	boj.or.jp/en/mopo/mpmdeci/mpr_2026/k260…
Thu, 19 Mar 2026	hold	0.75%	=0.75%	0 bp	boj.or.jp/en/mopo/mpmdeci/mpr_2026/k260…
Fri, 23 Jan 2026	hold	0.75%	=0.75%	0 bp	boj.or.jp/en/mopo/mpmdeci/state_2026/k2…
Fri, 19 Dec 2025	raise	0.50%	↑0.75%	+25 bp	boj.or.jp/en/mopo/mpmdeci/state_2025/k2…
Thu, 30 Oct 2025	hold	0.50%	=0.50%	0 bp	boj.or.jp/en/mopo/mpmdeci/state_2025/k2…
Fri, 19 Sept 2025	hold	0.50%	=0.50%	0 bp	boj.or.jp/en/mopo/mpmdeci/state_2025/k2…
Thu, 31 Jul 2025	hold	0.50%	=0.50%	0 bp	boj.or.jp/en/mopo/mpmdeci/state_2025/k2…
Tue, 17 Jun 2025	hold	0.50%	=0.50%	0 bp	boj.or.jp/en/mopo/mpmdeci/state_2025/k2…
Thu, 1 May 2025	hold	0.50%	=0.50%	0 bp	boj.or.jp/en/mopo/mpmdeci/state_2025/k2…
Wed, 19 Mar 2025	hold	0.50%	=0.50%	0 bp	boj.or.jp/en/mopo/mpmdeci/state_2025/k2…
Fri, 24 Jan 2025	raise	0.25%	↑0.50%	+25 bp	boj.or.jp/en/mopo/mpmdeci/state_2025/k2…

Effective	Rate	Source
Thu, 24 Sept 2026	1.25%	boj.or.jp/en/mopo/mpmdeci/mpr_2026/k260…
Wed, 17 Jun 2026	1.00%	boj.or.jp/en/mopo/mpmdeci/mpr_2026/k260…
Mon, 22 Dec 2025	0.75%	boj.or.jp/en/mopo/mpmdeci/state_2025/k2…
Mon, 27 Jan 2025	0.50%	boj.or.jp/en/mopo/mpmdeci/state_2025/k2…
Thu, 1 Aug 2024	0.25%	boj.or.jp/en/mopo/mpmdeci/state_2024/k2…