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Bank of Japan rate decision

The Bank of Japan sets its short-term rate. Its moves ripple through the yen and global carry trades.

We'll tell you 15 minutes before each release and when the figure is out.

Latest release

Thu, September 17, 2026 · 23:00

1.25%In line

Forecast 1.25%Previous 1%

Next release

Thu, October 29, 2026 · 23:00

11d 23h

No forecastPrevious 1.25%

Recent releases (Policy rate)

2023-10-31: -0.1% · Forecast -0.1%Oct 232023-12-19: -0.1% · Forecast -0.1%2024-01-23: -0.1% · Forecast -0.1%2024-03-19: 0.1% · Forecast 0.1%Mar 242024-04-26: 0.1% · Forecast 0.1%2024-06-14: 0.1% · Forecast 0.1%2024-07-31: 0.25% · Forecast 0.1%Jul 242024-09-20: 0.25% · Forecast 0.25%2024-10-31: 0.25% · Forecast 0.25%2024-12-19: 0.25% · Forecast 0.25%Dec 242025-01-24: 0.5% · Forecast 0.5%2025-03-19: 0.5% · Forecast 0.5%2025-05-01: 0.5% · Forecast 0.5%May 252025-06-17: 0.5% · Forecast 0.5%2025-07-31: 0.5% · Forecast 0.5%2025-09-19: 0.5% · Forecast 0.5%Sep 252025-10-30: 0.5% · Forecast 0.5%2025-12-19: 0.75% · Forecast 0.75%2026-01-23: 0.75% · Forecast 0.75%Jan 262026-03-19: 0.75% · Forecast 0.75%2026-04-28: 0.75% · Forecast 0.75%2026-06-16: 1% · Forecast 1%Jun 262026-07-31: 1% · Forecast 1%2026-09-18: 1.25% · Forecast 1.25%Sep 261.25%
ActualForecast

Market memory

39 releases over the last 5 years: how the related markets closed on each release day. A release after the close counts for the next session.

Nikkei 225

Moved 1.00% on average on release days, against 1.04% on an ordinary day.

  • When above forecast (1x)+1.49% · up days 1/1
  • When in line (37x)+0.12% · up days 20/37

Recent release days

Sep 18, 26 +1.38%Jul 31, 26 +4.03%Jun 16, 26 +0.13%Apr 28, 26 -1.02%Mar 19, 26 -3.38%Jan 23, 26 +0.29%

USD/JPY

Moved 0.40% on average on release days, against 0.45% on an ordinary day.

  • When above forecast (1x)-0.76% · up days 0/1
  • When in line (37x)+0.02% · up days 25/37

Recent release days

Sep 18, 26 +0.07%Jul 31, 26 -1.91%Jun 16, 26 +0.17%Apr 28, 26 -0.14%Mar 19, 26 +0.57%Jan 23, 26 +0.03%

Past reactions are no indication of future price moves; other news on the same days may have moved prices too. Not investment advice.

Past releases

DatePeriodActualForecastPrevious
Sep 17, 20261.25%1.25%1%
Jul 30, 20261%1%1%
Jun 15, 20261%1%0.75%
Apr 27, 20260.75%0.75%0.75%
Mar 18, 20260.75%0.75%0.75%
Jan 22, 20260.75%0.75%0.75%
Dec 18, 20250.75%0.75%0.5%
Oct 29, 20250.5%0.5%0.5%
Sep 18, 20250.5%0.5%0.5%
Jul 30, 20250.5%0.5%0.5%
Jun 16, 20250.5%0.5%0.5%
Apr 30, 20250.5%0.5%0.5%
Mar 18, 20250.5%0.5%0.5%
Jan 23, 20250.5%0.5%0.25%
Dec 18, 20240.25%0.25%0.25%
Oct 30, 20240.25%0.25%0.25%
Sep 19, 20240.25%0.25%0.25%
Jul 31, 20240.25%0.1%0.1%
Jun 13, 20240.1%0.1%0.1%
Apr 25, 20240.1%0.1%0.1%
Mar 18, 20240.1%0.1%-0.1%
Jan 22, 2024-0.1%-0.1%-0.1%
Dec 18, 2023-0.1%-0.1%-0.1%
Oct 30, 2023-0.1%-0.1%-0.1%

More from Japan

Japan inflationJapan GDP growthJapan Tankan survey

Data compiled by MakklerFinn; figures are published by the official bodies concerned. Times are New York time.

For information only, not investment advice.