Yen Will Continue to Strengthen Slowly: Sakakibara

The video discusses Japan's struggle with inflation, the Bank of Japan's (BOJ) monetary policy, and the impact of the US dollar's value on the yen. It highlights the BOJ's satisfaction with current inflation levels and its readiness to adjust policies if needed. The video also covers the potential effects of the new US administration on US-Japan relations and the economic implications of possibly canceling the Tokyo Olympics due to the pandemic.

What is the significance of the 2% inflation target mentioned in the context of Japan's economy?

How does the Japanese government view the new administration in the United States?

What are the potential economic impacts if the Olympics are canceled?