MacroMedium impactConfirmed
Bank of Japan Monetary Policy Decision, January 22, 2027
The Bank of Japan Monetary Policy Decision falls on Friday, January 22, 2027, the second day of a two-day meeting, with an Outlook Report due too.
Friday, January 22, 2027
All day
About this event
The Policy Board sets the policy stance by majority vote, and this BoJ policy meeting opens on January 21, 2027, running two days. The rate decision comes on Friday, January 22, 2027, the second day. Nine members vote: the Governor, two Deputy Governors and six other members. The Outlook Report on economic activity and prices is published with the decision.
Why it matters
The Outlook Report sets out the board's projections for activity and prices. A Summary of Opinions follows in February, and the minutes in March.
Key facts
Monetary Policy MeetingJanuary 21–22, 2027
Decision day (last day of the meeting, Japan time)Jan 22, 2027
Outlook for Economic Activity and Prices (Outlook Report) at this meetingYes
Summary of Opinions releaseFeb. 1 (Mon.)
Minutes releaseMar. 24 (Wed.)
What to watch
- 1Outlook Report printed with the decision statement
- 2Summary of Opinions release on February 1
- 3Minutes release on March 24
