Bank of Japan holds policy rate at 1.25% as expected

The story so far: Bank of Japan October rate decision

Markets priced a low chance of a Bank of Japan move at the October 30 meeting, and officials were said to lean against a consecutive hike. The BOJ kept its policy rate at 1.25%, in line with expectations, after a 25 basis point hike at its previous meeting.

1. 6 Oct 202607:46 UTC

   Ueda gives no clear signal as market bets against October BOJ hike

   Bank of Japan Governor Kazuo Ueda said the BOJ will keep raising rates gradually based on economic, price and financial conditions. Economists expect the BOJ to hold policy at its meeting ending 30 Oct; overnight index swaps price about a 12% chance of a hike this month…

   MacroOdailyAINeutral

2. 13 Oct 202608:52 UTC

   Bank of Japan said to lean against consecutive rate rise in October

   People familiar with the matter say Bank of Japan officials are inclined against a rare consecutive rate hike this month, though a move as early as December remains possible. The final decision at the 30 October meeting could still change, after rates were raised to 1.25% last month.

   MacroOdailyAINeutral

3. 22 Oct 202608:09 UTC

   Bank of Japan expected to hold rates steady at end of October

   The Bank of Japan is seen holding interest rates steady at the end of October as it weighs the timing of its next hike.

   MacroBloomingbitAINeutral

4. 23 Oct 202608:15 UTC

   Sources say Bank of Japan expected to keep raising rates quickly, with December in focus

   Sources expect the Bank of Japan to continue raising interest rates quickly, with December in focus. The BOJ says the current rate remains far from neutral and that inflation needs to settle near its target.

   MacroOdailyAIBearish

5. 30 Oct 202603:04 UTC

   Bank of Japan holds policy rate at 1.25% as expected

   The Bank of Japan kept its policy rate at 1.25%, in line with market expectations, after raising it by 25 basis points at its previous meeting.

   MacroChainCatcherAINeutral