BOJ Unlikely to Ease Policy This Week, IHS Markit's Taguchi Says

The video discusses the potential for economic stimulus in Japan, focusing on the Bank of Japan's considerations regarding inflation momentum and wage increases. It highlights the challenges in achieving the 2% inflation target, considering factors like wage trends, labor market conditions, and government policies. The impact of reduced mobile charges and tax rates on inflation is also examined, with a cautious outlook on the Bank of Japan's future targets.

What role does consumer spending play in the context of inflation and wage increases?

Discuss the challenges faced by the Bank of Japan in maintaining a 2% inflation target.