Can Japan Lead on Joint Fiscal, Monetary Policy?

The video discusses the weaker yen and the Bank of Japan's (BOJ) challenges in achieving desired currency levels through policy announcements. It explores potential cooperative monetary easing and fiscal stimulus from the Japanese government, which could amount to 20-30 trillion yen. The discussion also covers investor expectations and the risk of disappointment if the BOJ acts alone. Additionally, the video marks the 72nd anniversary of the Bretton Woods agreement and speculates on the Federal Reserve's upcoming meeting, suggesting no major changes in policy due to the recent Brexit impact.

What challenges does the Bank of Japan face in achieving its monetary policy goals?

What factors might influence the Federal Reserve's decisions in the upcoming meeting?