TOTAL VOLUME:
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886,147,118
OPEN INTEREST:
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780,832
Markets across
13,810
events
MATCHED EVENTS:
871
PLATFORM COVERAGE:
5
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46%
VS.
Kalshi:
54%
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At 96.9¢ buys you 103 shares | Odds: 96% Total Payout: $103 | Net Profit: $3 Multiplier: 1.03x | ROI: 3% | APY: 73% 20 days to resolutionTrade on Opinion
At 0¢ buys you 0 shares | Odds: 0% Total Payout: $0 | Net Profit: $0 Multiplier: Infinityx | ROI: 0% APY not meaningful 20 days to resolutionThis event group tracks whether the Bank of Japan will change its short-term policy interest rate at its July 2026 monetary policy meeting, scheduled for announcement on July 31, 2026. Markets across Polymarket and Opinion platforms allow traders to bet on specific rate change outcomes: increases of 25 bps or 50+ bps, decreases of 25 bps or 50+ bps, or no change.
The Statement on Monetary Policy for the Bank of Japan's Monetary Policy meeting for July is scheduled to be released on July 31, 2026 (https://www.boj.or.jp/en/mopo/mpmsche_minu/index.htm). 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 July 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.
The Statement on Monetary Policy for the Bank of Japan's Monetary Policy meeting for July is scheduled to be released on July 31, 2026 (https://www.boj.or.jp/en/mopo/mpmsche_minu/index.htm). 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 July 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.
Prediction markets like this one often diverge from traditional economist surveys because they embed real-money incentives and live price discovery. While sell-side analysts publish point forecasts based on models and historical patterns, traders here stake capital on outcomes, creating dynamic odds that shift with new data. This market's current pricing reflects accumulated bets rather than a single institution's view, making it a crowdsourced alternative to consensus estimates. Comparing the two reveals whether professional forecasters and market participants align on Bank of Japan intentions.
Polymarket and Opinion may price this outcome differently due to variations in liquidity, user base composition, and fee structures. Polymarket and Opinion can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. Traders on one platform may have stronger conviction or better information flow, causing their odds to lead or lag the other. Platform-specific rules around order types and settlement also influence how quickly prices adjust to breaking news. Monitoring both venues helps identify arbitrage opportunities and reveals which trader cohort is more confident in their Bank of Japan forecast.
This market resolves around Jul 31, 2026, once the Bank of Japan's July 2026 monetary policy decision is announced and verified. The outcome is confirmed through credible public reporting of the central bank's official rate decision and forward guidance. Traders holding positions aligned with the actual outcome receive payouts, while opposing positions expire worthless. Resolution hinges on the Bank of Japan's communicated policy stance, not on secondary market reactions or analyst interpretation.
Key catalysts include Japanese inflation data, wage growth reports, and global interest rate moves that shift expectations for Bank of Japan accommodation. Speeches by Bank of Japan officials and forward guidance revisions can trigger sharp repricing. Yen exchange rate moves and commodity price swings also influence trader conviction around rate action. Economic surprises in the months leading up to the July meeting—particularly employment and consumer spending—will likely drive the largest market shifts as traders reassess the case for or against tightening.
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