Japan Business Spending Fuels Faster GDP Growth

The video discusses Japan's GDP trends, highlighting a contraction followed by recovery. It examines the current account and trade balance, noting a deficit due to high oil prices. Concerns about trade wars and a strong yen affecting exports are mentioned. The Bank of Japan's (BOJ) monetary policy is analyzed, with insights from ex-official Takashi Kosu. The BOJ's cautious approach to yield curve control and future policy steps are explored, emphasizing the need for clear communication.

What concerns were raised regarding the trade balance and its impact on the economy?

What did Takashi Kosu suggest about the Bank of Japan's future actions?