# Bank of Japan Expected to Hold Policy Rate at 1.25% in October By Riza Dagoc Canonical URL: https://www.tokenpost.com/news/regulation/38133 Published: 2026-10-22T17:23:00.000Z Updated: 2026-10-22T17:23:00.000Z Section: Regulation > More than half of the nine-member policy committee is expected to support a pause while policymakers gauge the effects of September’s increase. The Bank of Japan (BOJ) is expected to pause rate increases at its Oct. 29-30 meeting, holding the policy rate at 1.25% as officials gauge September's move and consider the timing of another increase. A hold is expected to draw support from more than half of the nine-member policy committee. The [September increase]() followed a 7-2 vote on Sept. 18 and took effect Sept. 24, bringing the overnight rate target to about 1.25%. The BOJ is also expected to view underlying inflation, with temporary fluctuations excluded, as having reached the 2% target. Its policy focus is expected to include limiting any further rise above 2%, keeping inflation stable and deciding when another increase is appropriate. ## Links in this article - [September increase](https://www.tokenpost.com/news/regulation/35895)