Conning's Franklin Says BOJ QE Policy Stays in Place

The video discusses the Bank of Japan's (BOJ) CPI forecast and its implications for monetary policy. It highlights the importance of credibility in policy-making and its impact on market reactions. The discussion also covers the role of wage growth in driving inflation in Japan, noting cultural and corporate factors affecting wage increases. Additionally, the video touches on political events in Europe and their influence on the European Central Bank's (ECB) policy decisions.

What cultural factors are suggested to be affecting wage increases in Japan?

What political events are anticipated to influence the ECB's policy decisions?