BOJ keeps rates steady, signals further rate hikes

TLT•2026-07-31

BOJ holds rates at 1%

TOKYO, July 31 (Reuters) - The Bank of Japan kept interest rates steady on Friday but stressed anew its readiness to continue pushing up borrowing costs to forestall mounting inflation risks.

At a two-day meeting that ended on Friday, the central bank decided to maintain its short-term policy target at 1% by an 8-1 vote. Board member Hajime Takata dissented to the decision, instead calling for a 1.25% hike.

Governor Ueda to explain the decision

Governor Kazuo Ueda will hold a news conference at 3:30 p.m. (0630 GMT) to explain the policy decision.

BOJ keeps rates steady, signals further rate hikes

BOJ holds rates at 1%

Governor Ueda to explain the decision

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