The benchmark interest rate in Japan was last recorded at -0.10 percent. Interest Rate in Japan averaged 2.78 percent from 1972 until 2019, reaching an all time high of 9 percent in December of 1973 and a record low of -0.10 percent in January of 2016. In Japan, interest rates are set by the Bank of Japan’s Policy Board in its Monetary Policy Meetings. The BoJ’s official interest rate is the discount rate. Monetary Policy Meetings produce a guideline for money market operations in inter-meeting periods and this guideline is written in terms of a target for the uncollateralized overnight call rate. This page provides – Japan Interest Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news.
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