BOJ's Kuroda on Policy to Control Yield Curve

The video discusses the control of long-term interest rates by central banks post-Lehman crisis, focusing on the Bank of Japan's (BOJ) strategies. It explains the use of quantitative easing (QE) and negative interest rates to manage the yield curve, particularly the 10-year Japanese Government Bonds (JGBs). The BOJ aims to maintain interest rates around 0% to stimulate the economy and achieve a 2% inflation target. The video also addresses market perceptions of tapering and emphasizes the BOJ's commitment to an accommodative monetary policy to ensure economic stability.

How did the global financial crisis affect central banks' intervention in interest rates?

What measures have been introduced to control long-term interest rates?

What is the significance of achieving a 2% inflation target in relation to long-term interest rates?

What concerns do markets have regarding the potential selling of assets by the BOJ?

How does the BOJ plan to maintain a smooth yield curve?

In what ways has the BOJ changed its monetary policy management?

What is the relationship between GDP growth and interest rate control according to the text?