BOJ Is 'Very Powerless' Right Now, Japan Macro's Okubo Says

The video discusses the Bank of Japan's current monetary policy, highlighting its challenges in raising inflation through monetary means and the reliance on fiscal policy to maintain economic health. It addresses trade risks, particularly from potential tariffs by President Trump, and their impact on Japan's economy. The video also covers recent industrial production figures, indicating positive growth despite labor shortages, and discusses the long-term path towards achieving inflation targets and the role of yield curve control.

What are the risks associated with trade for Japan's economy?

Discuss the challenges Japan faces in achieving its inflation target.