Bank of Japan to Keep Easing Unless View Shifts on Price Goal: Governor

The transcript discusses the ongoing speculation about the Bank of Japan's (BOJ) potential policy changes, particularly regarding yield curve control (YCC). Governor Huerta is cautious about making premature changes due to past mistakes in the early 2000s that led to a recession. The BOJ is expected to raise its inflation forecast, but any significant policy shift will only occur once inflation is stable at 2% or higher. The bond market and yen are currently stable, but the upcoming inflation report is crucial for future decisions.

What concerns are raised regarding the bond market and the yen in relation to YCC?

What is the expected action of the BOJ regarding their inflation forecast?

Why is the upcoming inflation print considered important?

What mistake did the BOJ make in the early 2000s according to the text?

What factors might lead the BOJ to delay changes in their policy?