Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Japan
IRSTCI01JPM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.48
Year-over-Year Change
519.48%
Date Range
7/1/1985 - 6/1/2025
Summary
This economic trend measures the call money/interbank rate in Japan, which is a key indicator of short-term interest rates and liquidity in the Japanese financial system.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The call money/interbank rate represents the overnight lending rate between banks in Japan. It is a vital benchmark for assessing the availability and cost of immediate-term funding, providing insights into monetary policy and financial market conditions.
Methodology
The data is collected directly from the Bank of Japan's reporting on interbank lending transactions.
Historical Context
Analysts and policymakers monitor this rate to gauge the effectiveness of the Bank of Japan's monetary policy actions.
Key Facts
- The call money rate is a key benchmark for short-term funding costs in Japan.
- The Bank of Japan closely manages the call money rate as part of its monetary policy toolkit.
- Movements in the call money rate can signal changes in financial market liquidity and sentiment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the call money/interbank rate, which is the overnight lending rate between banks in Japan. It is a vital indicator of short-term interest rates and liquidity in the Japanese financial system.
Q: Why is this trend relevant for users or analysts?
A: The call money rate is a crucial benchmark for assessing the availability and cost of immediate-term funding in Japan. It provides insights into the effectiveness of the Bank of Japan's monetary policy actions and overall financial market conditions.
Q: How is this data collected or calculated?
A: The data is collected directly from the Bank of Japan's reporting on interbank lending transactions.
Q: How is this trend used in economic policy?
A: Analysts and policymakers closely monitor the call money rate to gauge the impact of the Bank of Japan's monetary policy and make informed decisions about market interventions and economic stimulus.
Q: Are there update delays or limitations?
A: The call money rate data is published by the Bank of Japan on a timely basis, with minimal delays. However, as an overnight lending rate, it may be subject to volatility and short-term fluctuations.
Related Trends
Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 24 Years for Japan
LFWA24TTJPM647S
National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Japan
NAEXKP01JPQ657S
Nominal Gross Domestic Product for Japan
NGDPSAXDCJPQ
Total Reserves excluding Gold for Japan
TRESEGJPM052N
Labor Compensation: Earnings: Manufacturing: Monthly for Japan
LCEAMN03JPM661S
Infra-Annual Labor Statistics: Unemployment Rate Male: From 25 to 54 Years for Japan
LRUN25MAJPA156N
Citation
U.S. Federal Reserve, Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Japan (IRSTCI01JPM156N), retrieved from FRED.