Bank of Japan meeting —

At its 26 April 2024 meeting, the Bank of Japan raised its policy rate from -0.10% to 0.00–0.10%. The decision passed 9-0.

Decision

hike — -0.10% to 0.00–0.10%

Vote: 9-0

Key passages

The Bank will encourage the uncollateralized overnight call rate to remain at around 0 to 0.1 percent.

Policy rate unchanged as expected; no shift in stance.

decided, by a unanimous vote

Unanimous decision signals no dissent and solid consensus on hold.

Meeting documents

Background reading

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