What’s New
- Research/StudiesOutput Gap and Potential Growth Rate
- Public RelationsSpeech by Board Member TAKATA in Mie (Economic Activity, Prices, and Monetary Policy in Japan)
- StatisticsSources of Changes in Current Account Balances (Projections for July)[XLSX 17KB]
- StatisticsJapanese Government Bonds Held by the Bank of Japan[XLSX 29KB]
- StatisticsCollateral Accepted by the Bank of Japan (End of June)[XLSX 17KB]
- StatisticsBank of Japan Accounts (June 30)
- StatisticsTankan (June): Comprehensive Data Set
- StatisticsMonetary Base (June)
- StatisticsSources of Changes in Current Account Balances and Market Operations (June)[XLSX 27KB]
- StatisticsTankan (June): Summary and Outline
- Monetary PolicySummary of Opinions at the Monetary Policy Meeting on June 16 and 17, 2025[PDF 397KB]
- Monetary PolicySemiannual Report on Currency and Monetary Control (Summary)
- Monetary PolicyMinutes of the Monetary Policy Meeting on April 30 and May 1, 2025[PDF 458KB]
- Monetary PolicyChange in the Treatment of the Reduction in the Bank of Japan's Repurchase Amount under the Securities Lending Facility[PDF 82KB]
- Monetary PolicyOutline of Outright Purchases of Japanese Government Securities[PDF 121KB]
- Monetary PolicyQuarterly Schedule of Outright Purchases of Japanese Government Bonds (Competitive Auction Method) (July-September 2025)[PDF 91KB]
- Monetary Policy(Reference) Plan for the Reduction of the Purchase Amount of JGBs (June 2025 MPM)[PDF 438KB]
- Monetary PolicyStatement on Monetary Policy[PDF 461KB]
- Monetary PolicyLoan Disbursement under the Fund-Provisioning Measure to Stimulate Bank Lending(June 2025)[PDF 207KB]
- Monetary PolicyStatement by Governor UEDA concerning the Bank's Semiannual Report on Currency and Monetary Control (Committee on Financial Affairs, House of Councillors)
- Public RelationsSpeech by Board Member TAKATA in Mie (Economic Activity, Prices, and Monetary Policy in Japan)
- Public RelationsSpeech by Board Member TAMURA in Fukushima (Economic Activity, Prices, and Monetary Policy in Japan)
- Public RelationsOpening Remarks by Executive Director KAMIYAMA at the Ninth Meeting of the Liaison and Coordination Committee on Central Bank Digital Currency on June 4, 2025 (Envisioning the Future of Payment Systems in the Digital Society)
- Public RelationsSpeech by Deputy Governor UCHIDA at the Japan Society of Monetary Economics (The Bank of Japan from the Perspective of Business Operations)
- Public RelationsSpeech by Governor UEDA at a Meeting Held by the Naigai Josei Chosa Kai (Economic Activity and Prices, and Monetary Policy in Japan)
- Public RelationsOpening Remarks by Governor UEDA at the 2025 BOJ-IMES Conference
- Public RelationsSpeech by Board Member NOGUCHI in Miyazaki (Economic Activity, Prices, and Monetary Policy in Japan)
- Public RelationsSpeech by Board Member NAKAMURA at the Nishinippon Seikei Konwakai Meeting in Fukuoka (Economic Activity, Prices, and Monetary Policy in Japan)
- Public RelationsSpeech by Board Member NAKAGAWA in Gunma (Economic Activity, Prices, and Monetary Policy in Japan)
- Public RelationsSpeech by Deputy Governor UCHIDA in Shizuoka (Japan's Economy and Monetary Policy)
- StatisticsSources of Changes in Current Account Balances (Projections for July)[XLSX 17KB]
- StatisticsJapanese Government Bonds Held by the Bank of Japan[XLSX 29KB]
- StatisticsCollateral Accepted by the Bank of Japan (End of June)[XLSX 17KB]
- StatisticsBank of Japan Accounts (June 30)
- StatisticsTankan (June): Comprehensive Data Set
- StatisticsMonetary Base (June)
- StatisticsSources of Changes in Current Account Balances and Market Operations (June)[XLSX 27KB]
- StatisticsTankan (June): Summary and Outline
- StatisticsAverage Contract Interest Rates on Loans and Discounts (May)[PDF 147KB]
- StatisticsPayment and Settlement Statistics (May)[PDF 421KB]
- Research/Studies(BOJ Review) Changing Landscape of NBFIs in Financial Systems--A Comparative Analysis of Japan, the U.S., and Germany--
- Research/Studies(Research Paper) IMES DPS: Expecting Job Replacement by GenAI: Effects on Workers' Economic Outlook and Behavior
- Research/Studies(Research Paper) Skewed Interest Rate Expectations and Effects of Central Banks' Market Operations: Empirical Findings Using Granular Transaction Data
- Research/Studies(BOJ Review) Recent Developments in Non-Bank Financial Intermediation and Initiatives to Enhance Its Resilience
- Research/StudiesFinancial System Report (April 2025)
- Research/Studies (Research Paper) Households' Medium- to Long-Term Inflation Expectations Formation: The Role of Past Experience and Inflation Regimes
- Research/Studies(Research Paper) Labor Cost Passthrough: Evidence from Japanese Long-term Subnational Data
- Research/StudiesRegional Economic Report (Summary) (Apr. 2025)
- Research/Studies(BOJ Review) A New Approach to Textual Analysis using Large Language Models: Application to the Analysis of Recent Wage and Price Developments in Japan
- Research/Studies(BOJ Review) Electronic Foreign Exchange Trading (e-FX): Developments in and implications for the Tokyo FX Market
- Research/StudiesOutput Gap and Potential Growth Rate
- Payments/MarketsLiquidity Indicators in the JGB Markets (May)[PDF 1,139KB]
- Research/StudiesMeasures of Underlying Inflation
- Research/StudiesDevelopments in Real Exports and Real Imports
- Financial SystemSecond Scenario Analysis on Climate-Related Risks (Banking Sector)
- Research/StudiesConsumption Activity Index
- Payments/MarketsMinutes of the Twenty-second Round of the "Bond Market Group" Meetings (May 20-21, 2025)[PDF 241KB]
- About the BankFinancial Statements for the 140th Fiscal Year/Fiscal 2024[PDF 89KB]
- About the BankClimate Change Initiatives: Disclosure Based on TCFD Recommendations[PDF 179KB]
- Payments/MarketsBond Market Survey (May 2025)[PDF 288KB]
Highlights
The Bank's Market Operations
-
Uncollateralized Overnight Call Rate(average)
%
-
Interest Rate Applied to the Complementary Deposit Facility
0.5%
since January 27, 2025 -
Basic Loan Rate
0.75%
since January 27, 2025 -
Current Account Balances at the Bank of Japan
billion yen
- Next Monetary Policy Meeting Date July 30 and 31, 2025
Note: P indicates preliminary figures