BOJ’s Ongoing Troubles Has Lessons for World’s Central Banks

The transcript discusses the economic challenges faced by developed countries, drawing parallels with Japan's past experiences. It highlights Japan's monetary policies, such as negative interest rates and asset purchases, and their potential influence on other central banks. The discussion extends to Australia's economic situation, emphasizing high employment but low wage growth. The transcript concludes with a debate on unorthodox policy measures as solutions to global economic issues.

What are some of the economic issues that the developed world is currently facing?

How has Japan's approach to monetary policy changed over the past two decades?

What are the implications of the Bank of Japan's policies for other central banks around the world?

In what ways are central banks expected to respond to the current economic challenges?

What factors are contributing to the debate on unorthodox policy measures among central banks?