Former BOJ Deputy Governor Previews BOJ Decision

The video discusses the Bank of Japan's (BOJ) monetary policy, focusing on inflation forecasts and past policy decisions that led to economic recessions. It highlights the current economic indicators in Japan, such as growth rates and GDP deflator changes, and explores potential future policy adjustments, including changes to yield curve control (YCC) and quantitative easing. The discussion emphasizes the challenges of transitioning from long-standing low-interest and quantitative easing policies.

What are the implications of the current low interest rate policy in Japan?

How does the author view the relationship between inflation and economic growth in Japan?

What does the author predict about the future of the BOJ's monetary policy?