BOJ Holds Rate at 1.0%, Cuts 2026 CPI Forecast to 2.5%
The Bank of Japan (BOJ) held its base rate at 1.0% on July 31 following a two-day monetary policy meeting, while downgrading its 2026 core consumer price index (CPI) forecast from 2.8% to 2.5%. Eight of nine board members voted for the rate hold, with dissenting member Takada Hajime proposing a 1.25
LucasBennett·7m ago
