Bank of Japan meeting —
At its 16 June 2026 meeting, the Bank of Japan raised its policy rate from 0.75% to 1.00%. The decision passed 7-1. ASADA Toichiro dissented, preferring a hold.
Decision
hike — 0.75% to 1.00%
Vote: 7-1
Dissenters
- ASADA Toichiro — preferred hold
Key passages
The Bank will encourage the uncollateralized overnight call rate to remain at around 1.0 percent.
the Bank will continue to raise the policy interest rate and adjust the degree of monetary accommodation
Meeting documents
Background reading
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