Policy rate since 1990
Source: BIS central bank policy rates. April 2013 to September 2016 the BoJ set no policy rate (it targeted the monetary base).
Every rate change
| Effective | New rate | Change |
|---|---|---|
| Sep 24, 2026 | 1.25% | +25 bp |
| Jun 17, 2026 | 1.00% | +25 bp |
| Dec 22, 2025 | 0.75% | +25 bp |
| Jan 27, 2025 | 0.50% | +25 bp |
| Aug 1, 2024 | 0.25% | +20 bp |
| Mar 21, 2024 | 0.05% | +15 bp |
| Sep 21, 2016 | -0.10% | −15 bp |
| Oct 5, 2010 | 0.05% | −5 bp |
| Dec 19, 2008 | 0.10% | −20 bp |
| Oct 31, 2008 | 0.30% | −20 bp |
| Feb 21, 2007 | 0.50% | +25 bp |
| Jul 14, 2006 | 0.25% | +25 bp |
| Mar 9, 2006 | 0.00% | −15 bp |
| Feb 28, 2001 | 0.15% | −10 bp |
| Sep 9, 1998 | 0.25% | −25 bp |
| Sep 8, 1995 | 0.50% | −50 bp |
| Apr 14, 1995 | 1.00% | −75 bp |
| Sep 21, 1993 | 1.75% | −75 bp |
| Feb 4, 1993 | 2.50% | −75 bp |
| Jul 27, 1992 | 3.25% | −50 bp |
| Apr 1, 1992 | 3.75% | −75 bp |
| Dec 30, 1991 | 4.50% | −50 bp |
| Nov 14, 1991 | 5.00% | −50 bp |
| Jul 1, 1991 | 5.50% | −50 bp |
| Aug 30, 1990 | 6.00% | +75 bp |
| Mar 20, 1990 | 5.25% | +100 bp |
| Jan 1, 1990 | 4.25% | start of series |