Macro Outlook

BOJ Decision Timeline

Monetary Policy
Current Rate 5.50% Hold
Policy Rate
5.50%
Next: Wed, 19 Aug 2026
Inflation YoY
5.4%
Target: 4.0 – 6.0%
Total Decisions
62
Since inception
Rate Range
0.50% – 7.00%
Historical low / high

Rate History

Overlay
BOJ Rate Cut Hold Hike
CPI YoY % Target Band 4–6%
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Decision History

Date Decision Rate Change Previous CPI YoY Notes