What You Need to Know From Kuroda's Policy Speech

The transcript discusses Corona's comments on monetary policy, focusing on the reversal rate theory, which suggests prolonged monetary stimulus can have negative effects. Despite no immediate financial issues, Corona emphasizes monitoring the economy. Inflation and wage trends in Japan show a downward trend, raising concerns about being behind other central banks. The BOJ sees a lag in price effects despite economic growth and hopes for structural changes to boost productivity.

What concerns did Mr. Corona express regarding the BOJ's position compared to other central banks?

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What structural changes did Mr. Corona hope to see in the economy?

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