Paolini: BOJ Needs to Keep the Yen Down

The video discusses the Bank of Japan's (BOJ) efforts to control bond yields and maintain low interest rates amid global rising yields. It highlights the challenges faced by the BOJ in communicating its policies and the limitations of monetary policy in driving economic growth without structural reforms. The discussion also touches on the need for government-led reforms to boost investment and productivity. The outlook for Japan's economy in 2017 is expected to be similar to previous years, with slow progress in structural reforms.

How does the current global bond yield trend affect Japan's economy?

What challenges does the Bank of Japan face in maintaining bond yields at 0%?

What is the significance of the 'third arrow' of Abenomics in relation to Japan's economic growth?

In what ways has the Bank of Japan struggled with communication regarding its monetary policy?

What are the expected outcomes for Japan's economy and stock market in the short term?