JN Monetary Policy Statement
It's among the primary tools the BOJ uses to communicate with investors about monetary policy. It contains the outcome of their decision on asset purchases and commentary about the economic conditions that influenced their decision. Most importantly, it projects the economic outlook and offers clues on the outcome of future votes;
Source does not give an exact release time - the event will be listed as 'Tentative' until the statement is issued. Source first released in Jul 2008. Source changed release frequency from about 14 times per year to eight times per year as of Jan 2016;
- History
| Expected Impact / Date | Description |
|---|---|
| Jun 15, 2026 | |
| Apr 27, 2026 | |
| Mar 18, 2026 | |
| Jan 22, 2026 | |
| Dec 18, 2025 | |
| Oct 29, 2025 | |
| Sep 18, 2025 | |
| Jul 30, 2025 | |
-
- JN Monetary Policy Statement News
From apnews.com|Jun 16, 2026|7 commentsThe Bank of Japan raised its benchmark interest rate to 1% on Tuesday, citing challenges stemming from a weak Japanese yen and higher prices. The central bank’s increase in the uncollateralized overnight rate, by a quarter of a percentage point from 0.75%, puts it at a three-decade high. The central bank has been trying to normalize monetary policy lately after decades of keeping interest rates near or below zero. It adopted ultralow rates to try to encourage more borrowing and spending to counter deflation and pull the economy out ...
From cnbc.com|Jun 15, 2026|1 commentJapan’s central bank on Tuesday raised its policy rate to the highest in over 30 years at 1%, in line with expectations of economists polled by Reuters, accelerating policy normalization started in 2024. This is the Bank of Japan’s first hike since December, when it raised rates to its current level of 0.75%, and the first time since 1995 that rates have been raised to 1%. The BOJ said the decision was split 7-1, with board member Toichiro Asada dissenting and advocating for a hold at 0.75%. The policy tightening comes at a time when ...
From boj.or.jp|Jun 15, 2026|36 commentsAt the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided, by a 7-1 majority vote, to set the following guideline for money market operations for the intermeeting period: The Bank will encourage the uncollateralized overnight call rate to remain at around 1.0 percent. In accordance with the change in the guideline for money market operations, the Bank decided, by a 7-1 majority vote, to change the interest rates applied to its measures. (1) Interest rate applied to the complementary deposit facility The interest rate applied to the complementary deposit facility (the interest rate applied to current account balances held by financial institutions at the Bank, excluding required reserve balances) will be 1.0 percent.3 (2) Basic loan rate4 The basic loan rale applicable under the complementary lending facility will be 1.25 percent. BOJ: BOARD MEMBER ASADA OPPOSED RATE DECISION ... BOJ board members Takata and Tamura oppose outlook description on prices
Plan for the Outright Purchases of Japanese Government Bonds At the Monetary Policy Meeting (MPM) held today, the Policy Board of the Bank of Japan reviewed the developments in and functioning of the Japanese government bond (JGB) markets and discussed its approach to future JGB purchases. In principle, long-term interest rates are to be formed in financial markets, and it is appropriate for the Bank to conduct the purchases of JGBs in a predictable manner, while allowing enough flexibility to support stability in the JGB markets. Based on this thinking, with a view to improvement of market functioning and stability of the JGB markets, the Bank decided, by a 7-1 majority vote, to conduct the outright purchases of JGBs as BOJ: WILL KEEP RAISING POLICY RATE AMID ECONOMIC ACTIVITY, PRICES, FINANCIAL CONDITIONS DEVELOPMENTS ...
From @financialjuice|Jun 15, 2026|2 commentsJapan economy minister Kiuchi: will participate in today's BoJ meeting Japan economy minister Kiuchi: strongly hopes BoJ communicates, collaborates with government to sustainably, stably reach 2% inflation target
From forex.com|Jun 13, 2026|2 commentsUSD/JPY failed to break lower last week despite receiving a perfect window to do so. Crude oil prices tumbled on growing optimism that the US and Iran may finally be closing in on a deal, dragging Treasury yields lower as softer energy prices helped reinforce the message from weaker core CPI and PPI readings. Yet the pair could barely unwind, rebounding back above 160 by Friday's close. If the yen can't rally in that environment, when will it? While shifts in Fed pricing have shown the strongest relationship over the past week, curve ...
From @financialjuice|Jun 10, 2026|11 commentsBoJ's Governor Ueda expected to be absent from the June 15-16th meeting BOJ GOV UEDA HOSPITALIZED ~2 WEEKS, HIMINO TO CHAIR MEETING, UCHIDA TO HOST PRESS CONF
- From notayesmanseconomics.wordpress.com|Apr 28, 2026|11 comments
It is time for us to look East again to the land of the rising sun or Nihon as there is a lot going on in economic terms. We can start with this from the Bank of Japan from a few hours ago. At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided, by a 6-3 majority vote, to set the following guideline for money market operations for the intermeeting period: The Bank will encourage the uncollateralized overnight call rate to remain at around 0.75 percent. This has been a really long-running saga and I ...
- From boj.or.jp|Apr 27, 2026|8 comments
At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided, by a 6–3 majority vote, to set the following guideline for money market operations for the intermeeting period: The Bank will encourage the uncollateralized overnight call rate to remain at around 0.75 percent. *BOJ VOTES 6-3 TO KEEP RATES UNCHANGED ... Just in | BOJ Board Members Nakagawa, Takata, and Tamura Vote Against Rate Decision
| Released on Jun 15, 2026 |
|---|
| Released on Apr 27, 2026 |
|---|
- Details