BOJ, Inflation, and the Limits of Monetary Policy

The video discusses the Bank of Japan's (BOJ) challenges in meeting its inflation target, highlighting Governor Kuroda's stance on monetary policy. It covers the BOJ's strategic review, demographic challenges in Japan, and the need for fiscal support. The discussion also draws parallels with US economic policy, focusing on Janet Yellen's approach and the Federal Reserve's potential rate hikes.

What did Mr. Kuroda indicate about the Bank of Japan's inflation target?

What was the significance of the Bank of Japan's last meeting regarding their inflation target?

What challenges does the Bank of Japan face in achieving its inflation target?

How did the recent policy changes affect the Bank of Japan's forecasts?

What are the implications of Governor Kuroda's term ending for the Bank of Japan's policies?

How does the demographic situation in Japan impact monetary policy?

What role does fiscal policy play in supporting the Bank of Japan's monetary policy?