Bank of Japan meeting —
At its 19 December 2025 meeting, the Bank of Japan raised its policy rate from 0.50% to 0.75%. The decision passed unanimous.
Decision
hike — 0.50% to 0.75%
Vote: unanimous
Key passages
The Bank will encourage the uncollateralized overnight call rate to remain at around 0.75 percent.
if the outlook for economic activity and prices presented in the October Outlook Report will be realized, the Bank, in accordance with improvement in economic activity and prices, will continue to raise the policy interest rate and adjust the degree of monetary accommodation.
Meeting documents
Background reading
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