Growth upgrade likely as government measures bolster spending and capital investment

20260116 Kazuo Ueda

Bank of Japan Gov. Kazuo Ueda. Many within the BOJ see the strong U.S. economy and weak-yen-driven export gains as additional upside factors alongside the positive effects of Tokyo’s supplementary budget. (Photo by Rie Ishii)

Nikkei staff writers

January 16, 2026 18:46 JST

TOKYO — The Bank of Japan is expected to keep its policy rate at 0.75% at its two-day monetary policy meeting starting Thursday, following its rate increase in December 2025.