Summary

The Bank of Japan raised its economic growth forecasts for the fiscal year ending in March 2026 to 0.9% and 1% for the 2026 fiscal year, while keeping its key policy rate at 0.75%. Despite the BOJ’s monetary tightening, Japanese bond yields have been rising, driving capital outflows and weakening the yen. The BOJ will continue to raise interest rates if its economic and price forecasts materialize.

https://www.cnbc.com/2026/01/23/boj-rate-decision-snap-election-takaichi-gdp.html