Is the Yen's Depreciation Over?

The video discusses the strengthening of the yen and its implications for market safety, highlighting the challenges faced by central banks like the ECB and the Fed in managing policy divergence. It explores the ECB's response to market expectations amid deflationary pressures, emphasizing the role of unconventional policy tools. The discussion also covers the impact of negative interest rates on economic recovery, stressing the slow pace of improvement in the European economy.

What challenges does the ECB face in addressing deflationary pressures?

What is the outlook for the European economy as discussed in the text?