Economy · Tokyo, Japan · October 31, 2026

Bank of Japan holds rates; Nikkei falls 2.1%

Reported by 2 outlets · first reported Oct 30, 9:30 AM ET

Japan's Nikkei fell 2.12% on the day. Japan plans to tap $7 billion to subsidize fuel and is weighing ¥5,000 payments to low-income workers.

Why it matters

Fuel costs strain households.

Background

Japan imports most energy.

The story so far

1. Oct 23Japan's core inflation rises to 2.1%, highest this year
2. Oct 29Bank of Japan holds rates at 1.25%, says 2% target met
3. Oct 30Bank of Japan holds rates, says inflation target met
4. Oct 31Bank of Japan holds rates; Nikkei falls 2.1%
5. Nov 10Bank of Japan signals likely December rate hike

Follow the whole story →

Sources

• OilPrice ↗Oct 30, 9:30 AM ET
• Japan Times ↗Oct 30, 10:40 PM ET

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

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