Bank of Japan monetary policy meeting - July 2026 rate decision

The Bank of Japan held its two-day monetary policy meeting on July 30-31, 2026 (8-9 Mordad 1405), with the interest-rate decision announced on the second day. The meeting was accompanied by the Bank's Outlook for Economic Activity and Prices, and the Policy Board decided on the short-term policy rate. Outcome: the short-term policy rate was left unchanged at 1.00 percent, approved by an 8-1 vote with one board member dissenting in favour of a further increase.