BOJ Needs to Maintain Ultra-Accommodative Policy, Says Nomura's Kinoshita

The video discusses Japan's Consumer Price Index (CPI) trends, highlighting that core inflation remains low and is primarily driven by energy prices. The service sector and durable goods show limited inflationary pressures. The Bank of Japan (BOJ) is expected to maintain its accommodative monetary policy until at least 2019, with potential interest rate changes post-2020. The BOJ faces challenges due to US interest rate trends, which could affect the yen's appreciation.

What is the current core inflation rate in Japan as mentioned in the text?

What are the major components of CPI that have influenced Japan's inflation?

What is the expected trend for inflationary pressures in Japan over the next year or two?

What is the Bank of Japan's stance on interest rates according to the text?

How does the US interest rate affect the Bank of Japan's policy?