Bank of Japan Holds Policy Rate at 0.50% at July 2025 Meeting

The Bank of Japan unanimously left its benchmark policy rate unchanged at 0.50% at the end of its 30-31 July 2025 Monetary Policy Meeting.

The BoJ communicated that it was monitoring global economic and financial conditions closely, with particular attention to yen exchange-rate dynamics and their implications for Japan's inflation outlook.

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The BoJ's statement reiterated that it would continue to raise the policy rate if its economic and price outlook is realised.

The BoJ has flagged uncertainty over trade policies and overseas economies as a significant risk to its outlook.