Bell: Japan Economy Needs Reforms to Avoid 'Bad Place'

The video discusses economic challenges in Japan, focusing on the need for structural reforms and demographic issues. It analyzes the Bank of Japan's monetary policy, including its yield curve strategy and inflation goals. The US Federal Reserve's interest rate hikes and their impact on the dollar are examined, along with projections for future increases. The European Central Bank's bond-buying program and potential tapering in 2018 are also covered.

What is the Bank of Japan's strategy to support bank profitability?

• Implementing strict lending policies

• Increasing short-term interest rates

• Maintaining a negative deposit rate and a positive 10-year yield

• Reducing the money supply

What is a major economic issue in Japan despite having more jobs than applicants?

• High inflation rates

• Stagnant wage growth

• Excessive government spending

• Rapid technological advancement

What could influence the Federal Reserve's decision on the number of rate hikes?

• The trade deficit

• The price of oil

• The value of the dollar

• The unemployment rate

What is the European Central Bank's approach to its bond-buying program in 2018?

• Increasing bond purchases

• Maintaining current levels

• Gradually reducing to zero

• Eliminating the program immediately

What is a potential risk if the Federal Reserve implements more rate hikes than projected?

• An increase in foreign investment

• A drop in consumer spending

• A decrease in the unemployment rate

• A significant rise in the dollar's value