Ueda: Weak Core Inflation Is Reason for Loose BOJ Policy

Ueda: Weak Core Inflation Is Reason for Loose BOJ Policy

Assessment

Interactive Video

Business

University

Hard

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The video discusses the current inflation rate, which is above the 2% target, but underlying inflation is slightly lower. The policy remains unchanged due to this. Wage growth, a key factor in inflation, is around 2%, indicating more progress is needed. The yen's weakness is influenced by various factors, not just monetary policy, and is monitored closely, though intervention is not within the central bank's jurisdiction.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures are being monitored for intervention purposes?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the role of the Ministry of Finance in relation to intervention decisions?

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