Kuroda Set to Become Bank of Japan’s Longest-Running Governor

Kuroda Set to Become Bank of Japan’s Longest-Running Governor

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The transcript discusses the Bank of Japan's (BOJ) struggle to meet its 2% inflation target over the past decade, labeling it a failure if judged solely on this metric. Despite this, Kuroda's leadership is credited with stabilizing the yen, boosting corporate profits, and maintaining economic stability. The discussion also touches on the uncertainty surrounding Japan's leadership and its impact on BOJ's future policies. Potential future directions for the BOJ include a more conservative approach, with some candidates advocating for a shift away from the 2% inflation target as a primary goal.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the positive outcomes attributed to Kuroda's policies during his tenure?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How do the candidates for the BOJ leadership differ in their views on the 2% inflation target?

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