BOJ Hitting the End Stop on What it Can Do: CLSA's Smith

The transcript discusses the current economic situation, focusing on the leadership change and its potential impact on economic policies. It highlights the Bank of Japan's yield curve control and its effects on the bond market, speculating on future policy changes, including the end of negative interest rates. The discussion also covers parliamentary testimony and its implications for economic policy.

What was the main focus of the DOJ's recent economic efforts?

• Decreasing taxes

• Increasing exports

• Controlling inflation

• Reducing unemployment

What percentage of the bond market does the BoJ currently own?

• 60%

• 33%

• 45%

• 56%

What is the expected timeline for the removal of yield curve control?

• By the end of March

• By the end of June

• By the end of December

• By the end of September

What is the anticipated outcome for negative interest rates by the end of the year?

• They will be increased

• They will remain the same

• They will be eliminated

• They will be reduced slightly

What challenge does the new leader face regarding yield curve control?

• Increasing bond purchases

• Maintaining current policies

• Removing yield curve control

• Introducing new taxes