Bank of Japan (BOJ) leaves its policy rate unchanged at 1.00% at the July 30–31, 2026 meeting
Hit
✦ AI-generated prediction
Published on 21. July 2026
·
Predicted for 31. July 2026
·
Based on: Historical Cycle
The BOJ raised its policy rate to 1.00% in the current cycle. Rate futures (as of July 2026) and analyst consensus see the next hike earliest in September or October 2026. An open Cassandra prediction forecasts a BOJ hike to 1.25% by October 2026—consistent with a hold in July. Wage growth in Japan is not yet broadly enough anchored; the BOJ recently signalled a data-dependent approach. Historically the BOJ manages expectations well: hold decisions without surprises are the norm when no market pressure exists.
Data basis for this prediction
- Bank of Japan – Monetary Policy Meeting schedule 2026: Sitzung 30.–31. Juli 2026 (boj.or.jp)
- FinanceCalendar.com – BOJ Rate Decision Juli 2026: Markterwartung Halten bei 1,00 % (Stand Juli 2026)
- Trading Economics – Japan Interest Rate: 1,00 % (Stand Juli 2026)
Note: This is an AI-generated statistical forecast for entertainment and information purposes. It does not constitute investment advice or a recommendation to buy or sell any financial instrument.
Verdict: Hit
Die BOJ beschloss am 31. Juli 2026 mit 8:1 Stimmen, den Leitzins unverändert bei 1,00 % zu belassen – exakt wie vorhergesagt. Das Ergebnis entsprach dem Konsens aller 52 von Bloomberg befragten Ökonomen. Lediglich das hawkishe Mitglied Hajime Takata stimmte für eine Anhebung auf 1,25 %. Die BOJ begründete die Pause mit der Notwendigkeit, die Wirkung der Zinserhöhung vom Juni 2026 zu beobachten. Quellen: Bloomberg (https://www.bloomberg.com/news/articles/2026-07-31/bank-of-japan-holds-interest-rate-steady-at-1-as-expected), Focus Economics (https://www.focus-economics.com/countries/japan/news/monetary-policy/japan-central-bank-meeting-31-07-2026-bank-of-japan-holds-rates-in-july/), LBBW (https://www.lbbw.de/artikel/news-und-einschaetzungen/boj-zinsentscheid-juli-2026_am79zqourc_d.html)
📈 Economy
✦ AI
The S&P 500 dropped 4.36% on 5 November 2026 to 7,353.73 — its steepest one-day fall since April 2025 — triggered by an AI-chip selloff that wiped out the post-midterm rally (4 November: +1.72% to 7,698.80). Closing above 7,500 by 13 November requires a +2.0% recovery over 6 trading sessions. Goldman Sachs, Morgan Stanley and JPMorgan maintain year-end targets of 7,400–8,100; S&P 500 EPS growth consensus for 2026 stands at +14% YoY. Downside risks: elevated Treasury yields, persistent AI capex uncertainty. No specific Polymarket/Kalshi market found for this level.
📈 Economy
✦ AI
The BLS releases October 2026 CPI on November 10, 2026 at 8:30 AM ET. Nowflation forecasts 3.82 percent YoY; the Cleveland Fed nowcasting model forecasts 3.74 percent — both clearly above the 3.7 percent threshold. The September 2026 prior reading was exactly 3.7 percent. Rising energy prices (Strait of Hormuz effectively closed since mid-October) and stable core inflation support a further uptick. An existing open platform prediction covers CPI >3.5%; this forecast raises the bar by 20 basis points. A miss would primarily require unexpected weakness in the energy component or food prices.
📈 Economy
✦ AI
Gold (XAU/USD) rose to $4,134.83 on 5 November 2026 — driven by the Democratic midterm sweep (higher fiscal spending expected) and persistent inflation pressure. Kalshi's Dec 31 settlement market shows ~32% probability for a close above $4,400 and ~43% for above $4,300. Reaching the $4,400 year-end target would require a further ~6.4% gain. Supporting factors: fiscal expansion, geopolitical risks, structurally high central bank demand; UBS forecasts $4,800, JPMorgan $6,000 at year-end. Headwind: hawkish Fed stance (Polymarket: 72.5% for a December rate hike to 4.00–4.25%). Prediction anchors on Kalshi's ~32% for >$4,400.