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.
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.
The Bank of Japan voted 7-2 for an overnight-rate guideline of around 1.25%, effective September 24.
This later decision follows intervening changes not listed here. It is not a single jump directly from 0.5%.
Selected policy decisions through September 18, 2026. Intervening meetings and future rate expectations are omitted.