Where Is Yen Headed After BOJ Holds Monetary Policy?

The video discusses the dollar-yen exchange rate, the impact of monetary policy in Japan, and the challenges of scarcity faced by central banks like the BOJ and ECB. It features insights from Professor Kojima, who emphasizes the need for a balance between monetary and fiscal policies, and highlights the importance of understanding central banks' balance sheets.

What are the factors influencing the value of the yen according to the discussion?

What is the relationship between monetary policy and fiscal policy as discussed in the text?

How does the speaker perceive the effectiveness of monetary policy in Japan?

What concerns are raised regarding the scarcity of securities for the European Central Bank?

What implications does the speaker suggest regarding the Bank of Japan's balance sheet?