🇯🇵 JPY Press Releases

1 Not to be released until 8:50 a.m. Japan Standard Time on Thursday, October 1, 2026. October 1, 2026 Bank of Japan Summary of Opinions at the Monetary Policy Meeting1,2 on September 17 and 18, 2026 I. Opinions on Economic and Financial Developments Economic Developments ⚫ Japan's economy has recovered moderately, although some weakness has been seen in part, partly due to the impact of the situation in the Middle East. Regarding the outlook , Japan's economy is expected to continue growing mod

1 Not to be released until 8:50 a.m. Japan Standard Time on Thursday, October 1, 2026. October 1, 2026 Bank of Japan Summary of Opinions at the Monetary Policy Meeting1,2 on September 17 and 18, 2026 I. Opinions on Economic and Financial Developments Economic Developments ⚫ Japan's economy has recovered moderately, although some weakness has been seen in part, partly due to the impact of the situation in the Middle East. Regarding the outlook , Japan's economy is expected to continue growing mod

Not to be released until 8:50 a.m. Japan Standard Time on Monday, September 28, 2026. September 28, 2026 Bank of Japan Minutes of the Monetary Policy Meeting on July 30 and 31, 2026 (English translation prepared by the Bank's staff based on the Japanese original) Please contact the Secretariat of the Policy Board, Bank of Japan, in advance, to request permission to reproduce or copy the content of this document for commercial purposes. Please credit the source when quoting, reproducing, or copyi

Change in the Guideline for Money Market Operations (September 2026 MPM) ⚫ Accommodative financial conditions are expected to be maintained, continuing to firmly support economic activity. ⚫ The Bank will continue to raise the policy interest rate and adjust the degree of monetary accommodation, in response to developments in economic activity and prices as well as financial conditions. ⚫ The Bank will consider the timing and pace of adjustment, while examining the likelihood of realizing the ba

1 September 18, 202 6 Bank of Japan Change in the Guideline for Money Market Operations 1. At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided, by a 7-2 majority vote, to set the following guideline for money market operations for the intermeeting period: [Note] The Bank will encourage the uncollateralized overnight call rate to remain at around 1.25 percent.1 2. In accordance with the change in the guideline for money market operations, the Bank decided, by

Output Gap, Potential Growth Rate, and Labor Market Indicators 日本語 Research Data Explanation and Related Materials Notices of Changes Notice Inquiries The "output gap" -- which serves as an indicator for aggregate supply and demand balance -- and the "potential growth rate" -- which reflects the growth capacity of Japan's economy from a longer-term perspective -- are crucial for judging economic and price conditions. The Bank of Japan's Research and Statistics Department prepares these data on a

October 5, 2026 46300 Financial Markets Department 日本銀行金融市場局 Bank of Japan 日銀当座預金増減要因（2026年10月見込み） Sources of Changes in Current Account Balances at the Bank of Japan（Projections for October 2026） １．概況 1.Projected funds surplus/shortage during the month （単位：億円） (100 million yen) 見込み Projections 前年実績 Previous year's results 前年比 Year-to-year changes 銀行券要因（注１） Banknotes1 -500 -2251 1751 財政等要因（注１） Treasury funds and others2 -18900 -68494 49594 国債等（注２）、（注３） Net issuance/redemption of JGBs3,4,5 -92800

October 1, 2026 2026年10月1日 Financial Markets Department 日本銀行金融市場局 Bank of Japan 日銀当座預金増減要因と金融調節（2026年9月実績） Sources of Changes in Current Account Balances at the Bank of Japan and Market Operations (September, 2026) （単位：億円） （100 million yen） 実 績 Figures 前 年 実 績 Previous year 銀行券要因（注１） Banknotes1 6198 6937 財政等要因（注１） Treasury funds and others2 -68798 -114751 一般財政 Net fiscal payments -22945 -34264 国債（1年超） JGBs（over one year） -66700 -64327 発行 Issued -121189 -114152 償還 Redeemed 54489 49825

Indicators for Core CPI 日本語 Research Data Explanation and Related Materials Notices of Changes Notice Inquiries Core inflation indicators -- obtained by removing transitory disturbances and institutional factors from the actual movements observed in the consumer prices -- are frequently used for inflation analysis. Such "core indicators" are essential for identifying the underlying inflation rate, together with other indicators including the output gap, labor market tightness, inflation expectat

September 16, 2026 2026年9月16日 Financial Markets Department 日本銀行金融市場局 Bank of Japan 業態別の日銀当座預金残高1(2026年8月) BOJ Current Account Balances by Sector1 (August 2026) １．準備預金積み期間（当月16日～翌月15日）中の平均残高 1. Average Amounts Outstanding of Current Account Balances and Required Reserves for Each Maintenance Period（from the 16th of the Month to the 15th of the Following Month） （単位：億円） (100 million yen) 都市銀行 地方銀行 第二地銀協加盟行 外国銀行 City banks Regional banks Regional banks II Foreign banks 準備預金残高 所要準備額 超過準備額 準備預金残高 所要準備

― Central Bank Digital Currency Experiments Progress Report on the Pilot Program (June 2026) Payment and Settlement Systems Department, Bank of Japan June 2026 1 CONTENTS 1. Introduction ........................................................................................................................................... 3 2. Development of a system for the pilot program and experimentation .......................... 4 2.1 Results of experimentation using the system .........................

September 11, 2026 Bank of Japan Sixth General Meeting of the CBDC Forum The CBDC Forum held its sixth general meeting on June 3, 2026. The Bank of Japan explained the findings of the performance evaluation of the high-load testing and desktop analysis conducted under the pilot program . The Bank then introduced one of the supplements to the 2026 issue of the progress report, summarizing the discussions and deliberations in each working group into five issues according to the functions of CBDC (