Economic and Price Outlook: July 2026
The July 2026 Outlook for Economic Activity and Prices projects that Japan’s economy will continue growing moderately in fiscal 2026, although at a slowing pace, as higher crude oil prices resulting...
金融政策
392027 Monetary Policy Meeting Schedule
The Bank of Japan has provided the 2027 schedule for Monetary Policy Meetings and the publication dates related to each meeting for the Outlook for Economic Activity and Prices (The Bank's View),...
Near-Term Conduct of Monetary Policy
At the Monetary Policy Meeting held by the Bank of Japan's Policy Board on July 31, 2026, the Bank decided on the guideline for money market operations until the next Monetary Policy Meeting: it will...
BOJ Sees Higher Inflation and Rate Adjustments From Late 2026
At its July 30–31, 2026 Monetary Policy Meeting, the Bank of Japan decided on the July 2026 Outlook for Economic Activity and Prices. It said higher oil prices caused by developments in the Middle...
FY2025 General Account Settlement: ¥2.6088 Trillion Net Surplus
The Ministry of Finance presented an overview of the FY2025 General Account settlement. Collected revenue totaled 145.2579 trillion yen, while expenditures totaled 129.4661 trillion yen, resulting in...
Multiple-Debt Consultation Enhancement Campaign 2026
Four organizations, including the Financial Services Agency, will conduct the “MultipleDebt Consultation Enhancement Campaign 2026” from September through December 2026 as part of ongoing measures...
Finance Minister Katayama Explains Tariffs, Household Assets and Exchange Rates
Finance Minister Katayama released an interim report finding dumping and injury to domestic producers concerning hotdip galvanized steel products from China and South Korea. She said the matter would...
FSA Releases Report on IT Resilience in Finance
Based on its ongoing analysis of financial institutions' system outages and cyber incidents since 2019, the Financial Services Agency compiled and released its restructured Analysis Report on IT...
FSA Publishes Draft Revisions to Banking Agency Supervision Guidelines
The Financial Services Agency published draft revisions to its supervision guidelines to clarify measures preventing users from misunderstanding services provided by banks and others in cooperation...
July 2026 Monthly Economic Report: Gradual Recovery, Middle East Risks
The Cabinet Office judged that Japan’s economy was gradually recovering in July 2026, while the impact of the situation in the Middle East required close monitoring. Personal consumption, capital...
BOJ Publishes June 2026 Average Loan Rates
The Bank of Japan’s Financial System and Bank Examination Department published the average contracted interest rates for new loans and discounts and outstanding loans in June 2026. The data covers...
Bank of Japan Policy Board Monthly Report: June Decisions and Reports
The Bank of Japan Policy Board's June 2026 monthly report covers Ayano Sato's appointment, decisions handled at the June Monetary Policy Meetings and regular meetings, and reports on the balance...
IMES Newsletter: 2026 International Conference
The Institute for Monetary and Economic Studies of the Bank of Japan held the 2026 International Conference from May 27 to 28. Since the first conference in 1983, this was the 31st edition, with...
FSA Publishes Progress on Advancing Asset Management Services
The Financial Services Agency compiled and published the results of its crosssector monitoring conducted during the current business year of various financial institutions that provide asset...
Takaichi Announces Japan’s Growth and Financial Strategy
On July 22, Reiwa 8, Prime Minister Takaichi outlined policies to advance Japan’s growth strategy, financial strategy, and corporate governance reform at the annual general meeting of the Japanese...
Results of Climate Response Funds-Supplying Operations
The Bank of Japan announced the results of its fundssupplying operation to support responses to climate change on July 17, 2026. The loan date is July 21, 2026, and the repayment date is July 21,...
Press Conference by BOJ Policy Board Member Sato
Bank of Japan Policy Board Member Sato was asked for views on the situation in the Middle East, crude oil prices, yen depreciation, prices, and monetary policy at a press conference on June 30, 2026,...
Results of FSB Repo Statistics Aggregation for Japan
The Bank of Japan's Financial Markets Department published the "Results of FSB Repo Statistics Aggregation for Japan (August 2025)" on September 22, 2025. This statistical series commenced in January...
ESRI Discussion Paper No. 403: Subjective Monetary Policy Shocks and Consumption
This paper proposes a “subjective monetary policy shock” that captures householdspecific perceptions of monetary policy and analyzes its effects on consumption using data on macroeconomic...