FX.co ★ BoJ Holds Rate at 0.5%

In October 2025, the Bank of Japan maintained its benchmark short-term interest rate at 0.5%, aligning with market expectations and keeping borrowing costs at their highest point since 2008. The decision was approved by a 7-2 vote, with board members Naoki Tamura and Hajime Takata once again advocating for an increase to 0.75%, as they did in September.