Bank of Japan meeting —
At its 19 March 2026 meeting, the Bank of Japan held its policy rate at 0.75%. The decision passed 8-1. Hajime Takata dissented, preferring a hike.
Decision
hold — 0.75% to 0.75%
Vote: 8-1
Dissenters
- Hajime Takata — preferred hike
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 January 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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