Kuroda Set to Become Bank of Japan’s Longest-Running Governor

The transcript discusses the Bank of Japan's (BOJ) struggle to meet its 2% inflation target over the past decade, labeling it a failure if judged solely on this metric. Despite this, Kuroda's leadership is credited with stabilizing the yen, boosting corporate profits, and maintaining economic stability. The discussion also touches on the uncertainty surrounding Japan's leadership and its impact on BOJ's future policies. Potential future directions for the BOJ include a more conservative approach, with some candidates advocating for a shift away from the 2% inflation target as a primary goal.

What has been the primary criticism of Kuroda's leadership at the BOJ over the past decade?

• Rising government debt

• Increasing unemployment rates

• Decreasing corporate profits

• Failure to achieve the 2% inflation target

Which strategy did Kuroda implement to replace quantitative easing?

• Increased government spending

• Currency devaluation

• Yield curve control

• Interest rate hikes

What is one reason Kuroda is still considered valuable despite not meeting the inflation target?

• He reduced corporate profits

• He raised interest rates significantly

• He aligned BOJ policies with government goals

• He increased unemployment rates

What is a key focus of some candidates for future BOJ leadership?

• Reducing corporate taxes

• Focusing on unemployment

• Increasing government borrowing

• Maintaining the 2% inflation target

Which candidate is most enthusiastic about maintaining the 2% inflation target?

• Reform vaccines

• Senate Okichi

• A corner table corner

• Kuroda