BOJ Cuts Inflation Forecast, Keeps Stimulus in Tact

The video discusses the gap between actual inflation and the 2% target, focusing on the Bank of Japan's unchanged monetary policy, including negative rates and yield curve control. It highlights the core CPI's improvement and the Bank's acknowledgment of the inflation target. The discussion also covers economic optimism due to tight labor markets, rising wages, and improved trade surplus, supported by the IMF's global growth forecast.

What is the current key policy rate set by the Bank of Japan?

• 0.1%

• -0.1%

• 1.0%

• -1.0%

What is the Bank of Japan's inflation target?

• 3%

• 4%

• 1%

• 2%

What is the current core CPI rate in Japan?

• 3.2%

• 1.2%

• 2.2%

• 0.2%

Why is the Bank of Japan optimistic about inflation moving higher?

• Because of tight labor markets and rising wages

• Due to a decrease in global growth forecasts

• Due to a shrinking trade surplus

• Because of falling wages

What recent global economic forecast could benefit Japan's economy?

• A stable global growth

• An increase in global growth

• A decrease in global growth

• A negative global growth