Polymarket traders are pricing a 52% implied probability for a 25 basis point rate hike at the Bank of Japan's April 25-26 meeting, driven primarily by March core CPI surging to 2.8%—well above forecasts—and robust shunto wage gains exceeding 5%, signaling sustained inflationary pressure post the BOJ's March exit from negative rates. No change holds at 37.5% as trader consensus weighs Governor Ueda's cautious signals amid yen weakness and global rate cut expectations from the Fed, tempering aggressive normalization. Slim odds for a 50+ bps move (3.5%) or cut (1%) reflect limited precedent for outsized shifts, with markets eyeing super-long bond yields and Tokyo CPI for final cues before resolution.
Experimental AI-generated summary referencing Polymarket data · Updated25 bps increase 55%
No change 38%
50+ bps increase 3.4%
Decrease rates 1.0%
$160,653 Vol.
$160,653 Vol.
Decrease rates
1%
No change
38%
25 bps increase
55%
50+ bps increase
3%
25 bps increase 55%
No change 38%
50+ bps increase 3.4%
Decrease rates 1.0%
$160,653 Vol.
$160,653 Vol.
Decrease rates
1%
No change
38%
25 bps increase
55%
50+ bps increase
3%
This market will resolve to the amount of basis points the upper bound of the short-term policy interest rate is changed by versus the level it was prior to the Bank of Japan's April 2026 meeting.
If the short-term policy interest rate is changed to a level not expressed in the displayed options, the change will be rounded up to the nearest 25 and will resolve to the relevant bracket. (e.g. if there's a cut/increase of 12.5 bps it will be considered to be 25 bps)
The primary resolution source for this market will be the official website of the Bank of Japan (https://www.boj.or.jp/en/mopo/mpmsche_minu/index.htm), however a consensus of credible reporting may also be used.
This market may resolve as soon as the Bank of Japan's statement for the specified meeting with relevant data is issued. If no statement is released by the end date of the next scheduled meeting, this market will resolve to the "No change" bracket.
Market Opened: Jan 23, 2026, 6:22 PM ET
Resolver
0x2F5e3684c...Resolver
0x2F5e3684c...Polymarket traders are pricing a 52% implied probability for a 25 basis point rate hike at the Bank of Japan's April 25-26 meeting, driven primarily by March core CPI surging to 2.8%—well above forecasts—and robust shunto wage gains exceeding 5%, signaling sustained inflationary pressure post the BOJ's March exit from negative rates. No change holds at 37.5% as trader consensus weighs Governor Ueda's cautious signals amid yen weakness and global rate cut expectations from the Fed, tempering aggressive normalization. Slim odds for a 50+ bps move (3.5%) or cut (1%) reflect limited precedent for outsized shifts, with markets eyeing super-long bond yields and Tokyo CPI for final cues before resolution.
Experimental AI-generated summary referencing Polymarket data · Updated


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