Recorded event
Policy rate rises to around 0.5%
The policy board decided to raise the short-term policy rate to around 0.5%.
Read context
The later meeting minutes document the January decision; their publication date is not the decision date.
All timelines From the beginning
Bank of Japan: selected steps toward higher rates
Compare official decisions from July 2024, January 2025 and September 2026. The entries distinguish the overnight-rate guideline from market yields and do not imply these were consecutive meetings.
Reviewed 9/21/2026
Selected policy decisions through September 18, 2026. Intervening meetings and future rate expectations are omitted.
Dates without a time use the local date of the event.
Recorded event
BOJ decides on a 1.25% guideline
The Bank of Japan voted 7-2 for an overnight-rate guideline of around 1.25%, effective September 24.
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This later decision follows intervening changes not listed here. It is not a single jump directly from 0.5%.
Through 9/18/2026
Selected policy decisions through September 18, 2026. Intervening meetings and future rate expectations are omitted.