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SOURCE ROOM

On the Conduct of Monetary Policy for the Immediate Future (July 31, 2026)

Bank of Japan

Claims Supported by This Source

  1. At the Monetary Policy Meeting on July 31, 2026, the Bank decided on a policy to encourage the uncollateralized overnight call rate to remain at around 1.0% (vote: 8 for, 1 against).
  2. The member who voted against submitted a proposal to set the rate at around 1.25%, which was rejected by a majority vote.

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