Ueda: Shortening Yield Target Among Options in Future

The video discusses the challenges of yield curve control faced by the Bank of Japan, particularly in the context of achieving a 2% inflation target. It explores potential policy adjustments, including changes to bond yield targets, and emphasizes the importance of wage negotiations in Japan's economic landscape. The discussion highlights the optimism surrounding wage increases, especially among small businesses, and the broader implications for Japan's economy.

What is the significance of small businesses in the context of wage increases in Japan?

How does the inflation rate in Japan compare to that of the US and other countries?