What was the primary reason for introducing forward guidance according to the first section?
BOJ Has Mastered its Messaging, Says Natwest's Lin

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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To offset expectations of Bluejay tightening
To decrease bond yields
To confuse the market
To increase market chaos
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the market initially react to the forward guidance introduced by Corona?
By immediately tightening policies
With complete understanding
With surprise and confusion
By ignoring it
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What potential change in Japanese bond yields is discussed in the second section?
A decrease in JGB yields
A shift to negative JGB yields
An increase in JGB yields
Stability in JGB yields
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was one of the notable policy changes mentioned in the final section?
Complete removal of negative rates
Reduction in policy rate balance
Increase in policy rate balance
Introduction of new taxes
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the market interpret the overall statement despite the policy changes?
As neutral
As dovish
As aggressive
As hawkish
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