BOJ to Introduce QQE With Yield Curve Control

The video discusses the Bank of Japan's (BOJ) recent monetary policy decisions. It covers the maintenance of a negative policy rate, the introduction of quantitative easing with yield curve control, and the refocusing of ETF purchases. The BOJ aims to control the yield curve and prevent it from flattening. Additionally, the BOJ acknowledges that Japan is out of deflation but has not yet reached its 2% inflation target. External factors like oil prices and sales tax are influencing inflation. The BOJ's policy decisions were supported by a majority vote.

What did the Bank of Japan state about the current inflation situation in Japan?

What external factors are affecting inflation in Japan according to the Bank of Japan?