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Bank of Japan keeps rates steady, raises growth and inflation forecasts

By Swedan Margen

Bank of Japan keeps rates steady, raises growth and inflation forecasts

Published Fri, Jan 23, 2026 · 11:32 AM

The Bank of Japan kept interest rates steady on Friday and raised its economic and inflation forecasts, signalling its readiness to continue hiking still-low borrowing costs.

As widely expected, the central bank maintained short-term interest rates at 0.75 per cent by an 8-1 vote.

BOJ Governor Kazuo Ueda will hold a news conference to explain the decision at 3.30 pm (0630 GMT). REUTERS

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Bank of Japan keeps rates steady, raises growth and inflation forecasts - Cosmopolitan Canada