Can BOJ's Stimulus Shift Help Bank Profitability?

The video discusses the net interest margins of Japan's three largest banks in relation to inflation expectations. It explores the impact of the Bank of Japan's (BOJ) negative interest rate policy on bank profitability and the structural factors affecting it. The BOJ's efforts to control the long end of the yield curve and its implications are examined. Additionally, the video addresses the BOJ's influence on foreign exchange rates, particularly the dollar-yen pair, and the market's response to recent policy decisions.

What challenges does the BOJ face in controlling interest rates and the yield curve?

In what ways does the exchange rate relate to the BOJ's monetary policy decisions?