The Bank of Japan maintained its policy rate at 0.75% on March 19 amid growing Middle East uncertainty. The decision was widely expected by markets and central bank watchers.
The Bank of Japan (BOJ) on March 19, 2026, decided to keep its policy rate unchanged at 0.75%. This widely anticipated move reflects caution amid escalating Middle East tensions, which pose risks to oil prices, the Japanese economy, wages, and inflation. BOJ Governor Kazuo Ueda's board made no changes, aligning with market expectations during this period of global policy uncertainty.
