Japan Ahead: Sompo Institute Plus' Kameda

The transcript discusses the historic BOJ meeting, with Kuroda's departure and Weather's takeover. It explores potential policy changes, including the relaxation of yield curve control, amid global economic slowdown. The discussion covers a policy review that examines Japan's economic structure and past monetary policies. Inflation trends, government measures, and their impact on the economy are analyzed. The transcript also forecasts the yen's performance and the BOJ's response to market speculation.

What is the expected action of the BOJ regarding the yield curve control policy?

• Maintain the current policy

• Introduce a new policy

• Relax and eventually scrap it

• Increase interest rates

Why is the BOJ considering a policy review?

• To implement immediate changes in interest rates

• To review both monetary and structural issues in Japan

• To focus on structural issues in the global economy

• To address only monetary policy issues

What is the current inflation rate excluding fresh food and energy prices in Japan?

• 3.8%

• 4.2%

• 2.5%

• 5.0%

What is the BOJ's forecast for inflation by the end of 2025?

• Above 3%

• Near 2%

• Around 1.5%

• Below 1%

What is the forecasted value of the yen by the end of the year according to UBS Wealth Management?

• 120

• 115

• 125

• 110

How does the BOJ view market speculation regarding the yen?

• As a reason to delay policy changes

• As a major influence on policy decisions

• As irrelevant to their decision-making

• As a factor to increase interest rates

Why might the BOJ consider ending the yield curve control policy despite falling inflation?

• Due to rising global interest rates

• Because inflation is expected to rise again by 2025

• To align with European monetary policies

• To decrease the value of the yen