Japan · JPY
Bank of Japan: next decision, current policy rate, consensus
As of 15 September 2026.
The next Bank of Japan policy rate decision is scheduled for Fri 18 Sep 2026 at 03:00 UTC (12:00 Asia/Tokyo).
The policy rate is currently 1%, as published on 31 Jul 2026.
Bank of Japan rate facts
Every value is the latest published reading FXMacroData holds. A decision date appears only after the bank publishes it, and times are shown in UTC with the market-local time where the schedule supplies one.
| Current policy rate | 1% Latest published reading, 31 Jul 2026 |
|---|---|
| Last change | Unchanged in the readings held |
| Next decision (UTC) | Scheduled · local 18 Sep 12:00 (UTC+09:00) |
| Consensus | Not published |
| Meeting frequency | ~8x/year Published cadence for this series. FXMacroData never infers a decision date from a cadence rule. |
| Official source | Bank of Japan |
The full policy rate history, decision by decision, is on the Japan policy rate page.
How Bank of Japan sets policy
The Bank of Japan (BoJ) Policy Board holds eight Monetary Policy Meetings per year and targets 2% CPI inflation. After decades of unconventional policy — zero rates, QQE, yield-curve control — the BoJ has been gradually normalising, and JGB yields and the BoJ's rate guidance are closely watched globally.
Common questions
When is the next Bank of Japan rate decision?
The next Bank of Japan policy rate decision is scheduled for Fri 18 Sep 2026 at 03:00 UTC, which is 18 Sep 12:00 (UTC+09:00) in the market's own time zone.
What is the current Bank of Japan policy rate?
The Bank of Japan policy rate is 1%, from the reading published on 31 Jul 2026.
How often does the Bank of Japan meet?
The policy rate series is published ~8x/year. FXMacroData publishes a decision date only after the bank confirms it, so a cadence never stands in for a date.
How do I get Bank of Japan decisions from the API?
Call GET /v1/announcements/jpy/policy_rate for the rate series with its release timestamps, and GET /v1/calendar/jpy?indicator=policy_rate for the upcoming decision date. USD is open without a key; other currencies need a subscription key.