Bank of Japan Maintains Interest Rate at 0.75 Percent and Upgrades Growth Estimates
The Bank of Japan kept its policy rate at 0.75 percent while upgrading its growth outlook. The bank signaled readiness for more hikes if forecasts are met.
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The Bank of Japan 
JPopted to keep its key policy rate at 0.75 percent on January 23, 2026, following its latest assessment of the domestic economy. During the policy meeting, the central bank raised its growth estimate and maintained hawkish inflation forecasts, signaling a high level of confidence that the ongoing economic recovery in JPwill justify further monetary policy normalization in the future. Governor kazuo ueda clarified that the central bank intends to continue raising interest rates if economic and price forecasts materialize, though the specific path and pace will remain dependent on economic, price, and financial developments.
JPopted to keep its key policy rate at 0.75 percent on January 23, 2026, following its latest assessment of the domestic economy. During the policy meeting, the central bank raised its growth estimate and maintained hawkish inflation forecasts, signaling a high level of confidence that the ongoing economic recovery in JPwill justify further monetary policy normalization in the future. Governor kazuo ueda clarified that the central bank intends to continue raising interest rates if economic and price forecasts materialize, though the specific path and pace will remain dependent on economic, price, and financial developments.
