Bank of Japan Scraps Rates Guidance, Calls Review, Holds Policy

The video discusses changes in forward guidance related to COVID-19, the upcoming long-term policy review, and concerns about inflation. It highlights the BOJ's cautious approach to economic tools like yield curve control and the market's reaction to these announcements. The video also covers inflation forecasts and the potential impact of future wage negotiations.

What were the expectations of traders regarding the rate changes?

What questions remain about the future of inflation and wage negotiations?