BOJ revises inflation forecast up, keeps policy rate unchanged

Bank of Japan

Central bank move comes amid snap election plans and rising JGB yields

20260122 Ueda Takaichi

The Bank of Japan's decision to keep its policy rate unchanged was widely expected by central bank watchers, according to a survey by Nikkei affiliate QUICK. (Nikkei montage)

JADA NAGUMO

January 23, 2026 12:14 JST

TOKYO -- The Bank of Japan on Friday held its benchmark interest rate steady while slightly raising its inflation outlook.

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