Japan interest rate: Bank of Japan policy rate
The Bank of Japan policy rate is 1.25%, in force since Sep 24, 2026. Source: Bank for International Settlements, data to Oct 27, 2026. Raised from 1.00% on Sep 24, 2026.
Rate changes
| Since | Policy rate | Change (percentage points) |
|---|---|---|
| Sep 24, 2026 | 1.25% | +0.25 |
| Jun 17, 2026 | 1.00% | +0.25 |
| Dec 22, 2025 | 0.75% | +0.25 |
| Jan 27, 2025 | 0.50% | +0.25 |
| Aug 1, 2024 | 0.25% | +0.20 |
| Mar 21, 2024 | 0.05% | +0.15 |
| Sep 21, 2016 | -0.10% | — |
Source: Bank for International Settlements (BIS), central bank policy rates, updated daily. The rate shown is the one each central bank uses to signal its policy.
Frequently asked questions
What is the interest rate in Japan?
The Bank of Japan policy rate is 1.25% (since Sep 24, 2026).
When did the Bank of Japan last change its policy rate?
On Sep 24, 2026, from 1.00% to 1.25%.
Open the app
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Capital is at risk.