BoJ Interest Rate Decision

BoJ Interest Rate Decision is announced by the Bank of Japan. Generally, if the BoJ is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the JPY. Likewise, if the BoJ has a dovish view on the Japanese economy and keeps the ongoing interest rate, or cuts the interest rate it is negative, or bearish.

Most recent - Friday 19 December 2025 03:20

Previous
0.5%
Forecast
0.75%
Actual
0.75%

Next event - Friday 23 January 2026 03:00

Previous
0.75%
Forecast
-
Actual
-

The typical/expected impact on JPY pairs is high.

There is no forecast value for BoJ Interest Rate Decision yet - check back for updates.

Trading range

Forecast history

The most recent announced value for BoJ Interest Rate Decision was 0.75% against a forecast of 0.75%.

Past events

Date
Forecast
Actual
Friday 19 December 2025 03:20
0.75%
0.75%
Thursday 30 October 2025 03:15
0.5%
0.5%
Friday 19 September 2025 03:47
0.5%
0.5%
Thursday 31 July 2025 02:57
0.5%
0.5%
Tuesday 17 June 2025 03:31
0.5%
0.5%
Thursday 1 May 2025 03:02
0.5%
0.5%
Wednesday 19 March 2025 02:25
0.5%
0.5%
Friday 24 January 2025 03:23
0.5%
0.5%
Thursday 19 December 2024 02:52
0.25%
0.25%
Thursday 31 October 2024 02:48
0.25%
0.25%
Friday 20 September 2024 02:52
-
0.25%
Wednesday 31 July 2024 03:55
0%
0.25%
Friday 14 June 2024 03:23
-
0.1%
Friday 26 April 2024 03:20
0%
0.1%
Tuesday 19 March 2024 03:35
0%
0.1%
Tuesday 23 January 2024 03:09
-0.1%
-0.1%
Tuesday 19 December 2023 02:45
-0.1%
-0.1%
Tuesday 31 October 2023 03:25
-0.1%
-0.1%
Friday 22 September 2023 02:50
-0.1%
-0.1%
Friday 28 July 2023 03:20
-0.1%
-0.1%
Friday 16 June 2023 02:45
-0.1%
-0.1%
Friday 28 April 2023 04:00
-0.1%
-0.1%
Friday 10 March 2023 02:33
-0.1%
-0.1%
Wednesday 18 January 2023 02:30
-
-0.1%

Economic context

Recent economic data has been broadly neutral for JPY. Other recent announcements which may affect the market's interpretation of the next BoJ Interest Rate Decision result:

PreviousLatest
Retail Trade (YoY)Bearish change1.7%1%
Retail Trade s.a (MoM)Bearish change1.6%0.6%
Tokyo Consumer Price Index (YoY)Bearish change2.7%2%
Tokyo CPI ex Food, Energy (YoY)Bearish change2.8%2.3%
Tokyo CPI ex Fresh Food (YoY)Bearish change2.8%2.3%
Unemployment Rate(no change)2.6%2.6%
National Consumer Price Index (YoY)Bearish change3%2.9%
National CPI ex Food, Energy (YoY)Bearish change3.1%3%
National CPI ex Fresh Food (YoY)(no change)3%3%
Adjusted Merchandise Trade BalanceBearish change¥74B¥62.9B
Exports (YoY)Bullish change3.6%6.1%
Imports (YoY)Bullish change0.7%1.3%
Merchandise Trade Balance TotalBullish change¥-226.1B¥322.2B
Tankan Large All Industry CapexBullish change12.5%12.6%
Tankan Large Manufacturing IndexBullish change1415
Tankan Large Manufacturing OutlookBullish change1215

About BoJ Interest Rate Decision

Country:Japan
Currency:JPY
Source:Bank of Japan
Category:Interest Rates
Frequency:Weekly/week-based
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