BOJ Keeps Policy Unchanged, Trims Inflation Goal

BOJ Keeps Policy Unchanged, Trims Inflation Goal

Assessment

Interactive Video

Business

University

Hard

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The video discusses the fiscal year 2017 CPI forecast, noting a reduction from 1.7% to 1.5% and a delay in achieving the 2% target. The cautious language suggests uncertainty in meeting this target by March 2019. The impact of BOJ leadership on inflation is also examined, highlighting weaker momentum towards the inflation goal.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the revised core CPI forecast for the financial year 2017?

1.5%

1.3%

1.7%

2.0%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the report, when is the CPI excluding fresh food expected to increase toward 2%?

By the end of 2017

Second half of the projection period

First half of the projection period

In the first quarter of 2018

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When does the projection period run through to?

April 2019

April 2018

March 2019

March 2018

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When is the term of the current head of the BOJ expected to end?

March 2018

March 2019

April 2018

April 2019

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current status of momentum towards meeting the 2% inflation target according to the BOJ?

Already achieved

On track as planned

Weaker than the previous outlook

Stronger than expected