Polymarket traders price a 61.5% implied probability of a 25 basis point Bank of Japan policy rate hike to 1.00% at the April 27-28 meeting, reflecting robust real wage growth of 1.9% year-on-year—the strongest in five years—reported April 7, alongside rising 10-year JGB yields and persistent yen weakness near USD/JPY 159. Governor Ueda's April 9 remarks affirmed accommodative financial conditions while keeping further normalization on the table, echoing ex-officials' calls for an April move amid rebounding inflation forecasts. No-change odds at 35.5% capture uncertainty from Middle East tensions and oil-driven growth risks highlighted in March's hold at 0.75%, with negligible pricing for larger hikes or cuts signaling gradualism; watch April wage and Tokyo CPI data ahead of resolution.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated25 bps increase 62%
No change 36%
50+ bps increase 1.6%
Decrease rates <1%
$542,552 Vol.
$542,552 Vol.
Decrease rates
<1%
No change
36%
25 bps increase
62%
50+ bps increase
2%
25 bps increase 62%
No change 36%
50+ bps increase 1.6%
Decrease rates <1%
$542,552 Vol.
$542,552 Vol.
Decrease rates
<1%
No change
36%
25 bps increase
62%
50+ bps increase
2%
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...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.
Resolver
0x2F5e3684c...Polymarket traders price a 61.5% implied probability of a 25 basis point Bank of Japan policy rate hike to 1.00% at the April 27-28 meeting, reflecting robust real wage growth of 1.9% year-on-year—the strongest in five years—reported April 7, alongside rising 10-year JGB yields and persistent yen weakness near USD/JPY 159. Governor Ueda's April 9 remarks affirmed accommodative financial conditions while keeping further normalization on the table, echoing ex-officials' calls for an April move amid rebounding inflation forecasts. No-change odds at 35.5% capture uncertainty from Middle East tensions and oil-driven growth risks highlighted in March's hold at 0.75%, with negligible pricing for larger hikes or cuts signaling gradualism; watch April wage and Tokyo CPI data ahead of resolution.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
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