BOJ to Introduce QQE With Yield Curve Control

The video discusses the Bank of Japan's (BOJ) recent monetary policy decisions. It covers the maintenance of a negative policy rate, the introduction of quantitative easing with yield curve control, and the refocusing of ETF purchases. The BOJ aims to control the yield curve and prevent it from flattening. Additionally, the BOJ acknowledges that Japan is out of deflation but has not yet reached its 2% inflation target. External factors like oil prices and sales tax are influencing inflation. The BOJ's policy decisions were supported by a majority vote.

What policy rate has the BOJ maintained?

• 0 basis points

• Negative 10 basis points

• Positive 10 basis points

• Negative 5 basis points

What is the BOJ's new approach to QE?

• Flexible yield curve control

• Increasing interest rates

• Fixed target expansion

• Reducing monetary base

How has the BOJ adjusted its ETF purchases?

• Increased total purchases

• Decreased total purchases

• Reallocated to TOPIX-tracking ETFs

• Stopped all ETF purchases

What is the current inflation target that Japan has not yet achieved?

• 2%

• 1%

• 4%

• 3%

What external factors are affecting Japan's inflation?

• Population growth

• Government spending

• Oil prices and sales tax

• Interest rates