Bank of Japan
Long-term bond yields reach 2.4 percent as balance sheet shrinks
The Bank of Japan raised its policy interest rate to 0.75 percent and reduced monthly bond purchases during fiscal 2025.
Focus
Inventory buffers shield Japanese manufacturing
A Bank of Japan study reveals that corporate inventory buffers protect manufacturing output against bottleneck supply disruptions for up to four months.
Downstream investment and lead firms shape supplier wages and capital
A Bank of Japan study reveals that Japanese manufacturing firms adjust capital investment and regular wages based on downstream customer activity and lead firms within supply chains, while temporary foreign demand shocks induce synchronized bonus payouts across production networks.
Latest
Upside inflation risks create scope for faster rate increases
Bank of Japan policy board members maintained the key interest rate while highlighting growing upside risks to inflation.
Policy rate raised to 1.0 percent amid rising inflation risks
The Bank of Japan raised its policy interest rate by 25 basis points to around 1.0 percent in a 7-1 vote during its June meeting.
Reduced JGB purchases lift long-term yields by 25 basis points
The Bank of Japan's tapering of Japanese government bond purchases has pushed up long-term interest rates by approximately 25 basis points since summer 2024.
More Topics
Core inflation to hit 2.5 percent as policy rates rise
The Bank of Japan projects core inflation to reach 2.5 percent in fiscal 2026 before easing toward its 2 percent target, while real GDP growth slows to 0.6 percent.
U.S. dollar liquidity auctions set for August to December 2026
The Bank of Japan has released its operational timetable and auction schedule for U.S. dollar funds-supplying operations covering August through December 2026.
Eight monetary policy meetings scheduled for 2027
The Bank of Japan has released its schedule of monetary policy meetings for 2027, setting eight two-day sessions throughout the year.
Inflation projected at 2.5 percent as rate increases remain on track
The Bank of Japan projects core consumer price inflation at 2.5 percent for fiscal 2026, driven by higher energy costs, yen weakness, and AI demand.
Japan services producer prices rise 3.2 percent in June
Japan's Services Producer Price Index rose 3.2 percent year-on-year in June 2026, matching the previous month's pace.
Asian central bank forums step up cooperation on regional risks
A Bank of Japan review published in July 2026 examines the evolving role of regional frameworks EMEAP and ASEAN+3. The paper highlights their growing importance in addressing geoeconomic fragmentation, supply chain shifts, and emerging financial stability risks.