Central bank · JPY
Bank of Japan (BoJ) meeting dates 2026–2027 and the current BoJ rate
Short answer: the Bank of Japan's uncollateralised overnight call rate (guideline) is 1.25% (last change: +0.25, Sep 2026). The next decision is on 18 December 2026.
BoJ meeting dates 2026–2027
Decision days as the Bank of Japan publishes them. Final day of each Monetary Policy Meeting. Dates up to 5 November 2026 are marked as held.
The Bank of Japan has no fixed announcement time: it publishes the decision as soon as the meeting ends, Tokyo time, so the UK time varies.
| Decision day | Status |
|---|---|
| Fri, 23 Jan 2026 | Held |
| Thu, 19 Mar 2026 | Held |
| Tue, 28 Apr 2026 | Held |
| Tue, 16 Jun 2026 | Held |
| Fri, 31 Jul 2026 | Held |
| Fri, 18 Sept 2026 | Held |
| Fri, 30 Oct 2026 | Held |
| Fri, 18 Dec 2026 | Next |
| Fri, 22 Jan 2027 | Scheduled |
| Thu, 18 Mar 2027 | Scheduled |
| Wed, 28 Apr 2027 | Scheduled |
| Fri, 11 Jun 2027 | Scheduled |
| Thu, 22 Jul 2027 | Scheduled |
| Wed, 22 Sept 2027 | Scheduled |
| Fri, 29 Oct 2027 | Scheduled |
| Fri, 17 Dec 2027 | Scheduled |
Times follow each zone's daylight saving rules, so the UK time can shift by an hour in the weeks when the UK and the other country change clocks on different dates. Confirm on the official calendar before relying on a date.
Current BoJ interest rate
- Uncollateralised overnight call rate (guideline): 1.25%
- Last change: +0.25, Sep 2026
- Who decides: The Policy Board, by a majority vote of its nine members.
- Target: A price stability target of 2% a year, measured by the consumer price index (CPI), set in January 2013. Source
- How it explains decisions: A statement as soon as the meeting ends, the Governor's press conference later that day, and the Outlook for Economic Activity and Prices report at some meetings.
Currency pairs the BoJ moves
A rate decision moves JPY pairs through the gap between the two policy rates. This is the gap today for the 3 major pairs that include JPY; the full table covers all 10.
| Pair | Base rate | Quote rate | Gap (base − quote) |
|---|---|---|---|
| USD/JPY | USD 3.75–4.00% | JPY 1.25% | +2.50 to +2.75 pp |
| EUR/JPY | EUR 2.50% | JPY 1.25% | +1.25 pp |
| GBP/JPY | GBP 4.00% | JPY 1.25% | +2.75 pp |
The gap is arithmetic on official policy rates, not a broker's swap rate and not a forecast. Markets react to the decision against what was expected, and often more to the guidance about future meetings than to the decision itself.
See the BoJ in MacroMatrixFX
MacroMatrixFX shows the BoJ's decisions on its built-in economic calendar and reads the rates and policy family alongside inflation, growth, positioning and risk for each of its 10 pairs, with a confidence reading on every score. Its alerts for a currency's pairs pause around that currency's high-impact events. EUR/USD, GBP/USD and USD/JPY are free.
Explore MacroMatrixFX · What is a fundamental bias? · Release dates in UK time
Other central banks
- Federal Reserve (Fed) meeting dates and rate
- European Central Bank (ECB) meeting dates and rate
- Bank of England (BoE) meeting dates and rate
- Swiss National Bank (SNB) meeting dates and rate
- Bank of Canada (BoC) meeting dates and rate
- Reserve Bank of Australia (RBA) meeting dates and rate
- Reserve Bank of New Zealand (RBNZ) meeting dates and rate
- All eight central banks in one table
- Bank of Japan: policy rate · decision calendar · mandate and target
- BIS: central bank policy rates (cross-check)
Sources are cited so you can verify them. They are independent of Macro Research Technologies and have not reviewed or approved this content. Educational content only, not financial advice. Rates and dates can change at short notice. Contact us with corrections.