Mr. Yen Says BOJ May Surprise Again by Tightening in January

The video discusses the current strength of the yen and its potential future trajectory, suggesting it may appreciate towards 120. It also speculates on possible policy shifts by the Bank of Japan (BOJ) in upcoming meetings, particularly regarding yield curve control and negative rates. The discussion concludes with an acknowledgment that policy normalization has likely begun under Kuroda's leadership.

What challenges are mentioned regarding predicting future policy moves?

What does the speaker believe about the current state of policy normalization?