Nomura Research Institute's Kiuchi on BOJ

The video discusses the speculation around the world market and the potential review of the 2% inflation target. It explores the implications of changing this target on the bond market and currency, considering the current economic pressures. The discussion includes potential policy changes by the Bank of Japan (BoJ) and their impact on the financial market, interest rates, and currency appreciation. The legacy of Governor Kuroda is assessed, highlighting the effects of his policies on market functions and economic strategies. Finally, the video examines global central banking trends, particularly the Federal Reserve's approach to interest rates.

What are the implications of changing the 2% inflation target according to the discussion?

What are the potential risks associated with the appreciation of the yen?

How might the change in monetary policy affect the bond and currency markets?

In what ways could the economic situation in Japan deteriorate according to the speaker?

How does the speaker differentiate between the normalization of monetary policy in Japan and the US?

What factors could lead to a significant appreciation of the yen in the coming years?

What legacy does the speaker believe Governor Kuroda will leave behind?