{"id":"BOJ","institution":"Bank of Japan","body":"Policy Board","card_type":"rate_decision","decision":"hold","bank_rate":1,"bank_rate_unit":"percent","previous_bank_rate":1,"change_bps":0,"vote":"8-1","dissent":"one member voted against (TAKATA Hajime, who proposed a guideline at around 1.25 percent; the proposal was defeated by a majority vote)","meeting_ended":"2026-07-31","published":"2026-07-31","next_decision":null,"inflation":null,"inflation_target":2,"summary":"FREE SAMPLE, older example: previous meeting (2026-07-31). The paid card is the latest decision. The Policy Board decided, 'by an 8-1 majority vote', to set the guideline for money market operations: 'The Bank will encourage the uncollateralized overnight call rate to remain at around 1.0 percent.' Voting against the action: TAKATA Hajime, who 'proposed that the Bank set the guideline ... at around 1.25 percent. The proposal was defeated by a majority vote.' Statement on Monetary Policy of July 31, 2026 (meeting held July 30-31). bank_rate and previous_bank_rate show the call-rate guideline; they are equal because the guideline stayed at around 1.0 percent. Not investment advice.","why_it_matters":"A hold of the call-rate guideline at around 1.0 percent on an 8-1 vote; one member proposed around 1.25 percent.","source_url":"https://www.boj.or.jp/en/mopo/mpmdeci/mpr_2026/k260731a.pdf","generated_at":"2026-10-24T19:58:07.194Z"}