JN BOJ Policy Rate
It's an important driver of commodity demand - lower interest rates decrease carrying costs. Reduced costs to store goods will spur companies to make investments in raw materials, leading to higher inventory levels;
Source does not give an exact release time - this event will be listed as 'Tentative' until the rate is announced. This rate is currently the BOJ's main operating target. Source first released in Jan 2016;
- JN BOJ Policy Rate Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
---|---|---|---|
Jan 23, 2025 | <0.50% | <0.50% | <0.25% |
Dec 18, 2024 | <0.25% | <0.25% | <0.25% |
Oct 30, 2024 | <0.25% | <0.25% | <0.25% |
Sep 19, 2024 | <0.25% | <0.25% | <0.25% |
Jul 30, 2024 | <0.25% | <0.10% | <0.10% |
Jun 13, 2024 | <0.10% | <0.10% | <0.10% |
Apr 25, 2024 | <0.10% | <0.10% | <0.10% |
Mar 18, 2024 | <0.10% | -0.10% | -0.10% |
-
- JN BOJ Policy Rate News
- From finance.yahoo.com|Jan 26, 2025
The Bank of Japan raised its key interest rate to about 0.5% from 0.25% Friday, noting that inflation is holding at a desirable target level. “The economy is gradually recovering,” BOJ Gov. Kazuo Ueda told reporters after a two-day policy board meeting in Tokyo. He acknowledged uncertainties remain, including overseas inflation and foreign exchange fluctuations. But he reaffirmed his view that additional hikes will be needed if the economy remains stable. “Our basic thinking has not changed,” he added, stressing the importance of ...
- From cnbc.com|Jan 23, 2025|4 comments
The Bank of Japan hiked rates by 25 basis points Friday to 0.5%, bringing its policy rate to its highest level since 2008, as it seeks to normalize its monetary policy. The move comes in line with expectations from CNBC’s survey from Jan 15-20, which saw an overwhelming majority of economists predict a hike. Following the decision, the Japanese yen weakened marginally to trade at 156.09 against the dollar, while country’s benchmark Nikkei 225 stock index rose 0.59%. Senior BOJ officials, including governor Kazuo Ueda and Deputy ...
- From boj.or.jp|Jan 23, 2025|1 comment
At the Monetary Policy Meeting (MPM) held today, the Policy Board of the Bank of Japan decided, by an 8-1 majority vote, to set the following guideline for money market operations for the intermeeting period: The Bank will encourage the uncollateralized overnight call rate to remain at around 0.5 percent. In accordance with the change in the guideline for money market operations, the Bank decided to change the interest rates applied to its measures, by an 8-1 majority vote. The interest rate applied to the complementary deposit ...
- From channelnewsasia.com|Jan 23, 2025
A look at the day ahead in Asian markets. Investors divert their focus away from Washington on Friday for the first time since President Donald Trump's inauguration on Monday, towards Tokyo and the Bank of Japan, which is widely expected to raise interest rates to a 17-year high of 0.5 per cent. Assuming the BOJ does raise rates by a quarter of a percentage point - a 95 per cent certainty, according to market pricing - that focus will narrow in even more on Governor Kazuo Ueda's press conference and the signals he sends about future ...
- From cnbc.com|Jan 21, 2025
The Bank of Japan is expected to raise its benchmark interest rate this week by 25 basis points, according to a survey of economists polled by CNBC. A hike will put the BOJ’s key rate at 0.5%, its highest level since 2008. An overwhelming majority of 18 out of 19 economists agreed on prospects of a rate hike, with most pointing to a recent change in tone of the BOJ leadership as driving their expectations. The survey was conducted from Jan. 15 to 20. Public comments by Governor Kazuo Ueda and a speech by Deputy Governor Ryozo Himino ...
- From brecorder.com|Jan 20, 2025|7 comments
The Bank of Japan is expected to raise interest rates on Friday barring any market shocks when U.S. President-elect Donald Trump takes office, a move that would lift short-term borrowing costs to levels unseen since the 2008 global financial crisis. A tightening in policy would underscore the central bank’s resolve to steadily push up interest rates, now at 0.25%, to near 1% - a level analysts see as neither cooling nor overheating Japan’s economy. At the two-day meeting ending on Friday, the BOJ is likely to raise its short-term ...
- From marctomarket.com|Jan 19, 2025
There were four important macro developments to note in recent days. First, the recent string of US economic data was firmer than expected and GDP looks to have expanded close to 3% in Q4. With the help of guidance by Federal Reserve Waller, who is thought to be a possible successor to Chair Powell, played up the possibility of a cut in H1, and the market implemented the guidance and has next cut nearly priced in for the June FOMC meeting. Second, guidance by Bank of Japan officials makes a rate hike at the end of the coming week ...
- From @PiQSuite|Jan 17, 2025|5 comments
post: majority of boj board members set to approve rate hike next week, nikkei says some board members remain cautious of rate hike, nikkei says
Released on Jan 23, 2025 |
---|
- Details