Zero Political Appetite Globally for Fiscal Moves: Memani

The video discusses the role of central banks in addressing global economic pressures like deleveraging and deflation since the financial crisis. It highlights the challenges of fiscal policy due to a lack of political will and focuses on the Bank of Japan's monetary strategies amid yen strengthening. The speaker reflects on the philosophical aspect of economic policy, emphasizing the limitations of central banks in driving growth. Finally, the video provides an outlook on the US ten-year yield, considering domestic and international economic conditions.

What does the speaker suggest about the future actions of the Bank of Japan?

According to the speaker, what is the expected range for the 10-year yield?