US EditionBOJ keeps rates steady, raises growth and inflation forecasts
The Bank of Japan raised its growth forecast to 1.0% for fiscal 2026 and kept inflation outlook near 2%, signaling possible future rate hikes amid market volatility.
- On Jan 23, 2026, the Bank of Japan kept its key rate at 0.75%, and raised its growth forecast for fiscal 2026 to 1.70% while nudging inflation to 1.9%.
- To gauge the impact of December's hike, the BOJ held rates as Japan's economy is `likely to continue growing moderately` due to overseas growth and government measures.
- Markets reacted as the yen weakened 0.1%, Tokyo's Nikkei 225 rose to 53,846.87, and the 40-year Japanese government bond yield traded at 3.942% ahead of Ueda's post-meeting press conference at 0630 GMT.
- The central bank pledged to raise rates if economic and price developments materialise as projected, and Kazuo Ueda said the BOJ stands ready to take nimble action addressing exceptional moves, coordinating with the Japanese government.
- Swaps markets currently anticipate two quarter-point hikes this year, and analysts say the BOJ will likely resume tightening in the coming months amid snap election on February 8.
42 Articles
42 Articles
Asian shares, U.S. futures gain as Japan keeps its key interest rate unchanged
Asian shares and U.S. futures were modestly higher Friday after U.S. regained more of their losses after a tumultuous several days. Tokyo's Nikkei 225 picked up 0.3% to 53,846.87 after the Bank of Japan kept its key interest rate unchanged, as expected. The central bank just raised the policy rate to 0.75%…
BOJ Governor Ueda's comments at news conference
Jan 23 : The Bank of Japan raised its growth estimate and maintained its hawkish inflation forecasts on Friday even as it kept interest rates steady, signalling its confidence a moderate recovery would justify raising still-low borrowing costs further.At a two-day meeting that ended on Friday, the BOJ maintai
Asian shares, US futures gain as Japan keeps its key interest rate unchanged
Asian shares and U.S. futures were modestly higher Friday after U.S. regained more of their losses after a tumultuous several days.Tokyo's Nikkei 225 edged 0.2% higher to 53,800.28 after the Bank of Japan kept its key interest rate unchanged, as expected. The central bank just raised the policy rate to 0.75% in December. Wrapping up its policy meeting, it also slightly upgraded its estimates for future inflation and economic growth. The Japanese…
The Japanese central bank leaves its interest rates unchanged as expected, which creates a good mood among Asian investors.
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