Mizuho's Momma Says BOJ Likely to Revise Inflation Target

The video discusses the second day of a meeting focusing on economic policies. It highlights the Bank of Japan's (BOJ) stance on maintaining current policies due to steady economic growth and low inflation. The BOJ is expected to keep yield curve control and revise down inflation forecasts. Governor Kuroda's strategy emphasizes long-term inflation goals while acknowledging slow progress. The BOJ remains committed to its 2% inflation target, focusing on economic stability.

What long-term goals does the central bank have regarding inflation?

How does the BOJ's mandate influence its economic focus?