BOJ Changing Action Quietly, Former Board Member Shirai Says

The transcript discusses Japan's struggle to maintain a 2% inflation target, the Bank of Japan's (BOJ) gradual policy adjustments, and the impact of COVID aid on small and medium enterprises. It also covers the effects of yen movements on exports and the economy, and the government's plans for a supplemental budget ahead of elections. The BOJ's shift from massive quantitative easing to more flexible interventions is highlighted, along with the challenges faced by the manufacturing sector due to semiconductor shortages.

What factors are influencing the stability of the yen against the dollar?

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What measures is the Japanese government considering to support the economy?

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