Eventually the Japanese Yen Will Recover: HSBC's Mackel

The video discusses Japan's economic policy, focusing on inflation measures and the potential impact of joining global central banks in a hawkish stance. It explores the challenges of current policies, including market reactions and diminishing returns. Deutsche Bank's perspective on policy changes and their implications for FX and rates is examined. The video also analyzes currency dynamics, particularly the Swiss franc and Japanese yen, and predicts future trends in global currencies, considering central bank strategies and market expectations.

What is the current preferred measure of inflation for the Bank of Japan, and how does it compare to the headline inflation rate?

Discuss the potential risks for the Central Bank if they decide to widen the yield curve control (YC) policy.

What implications could the end of the yield curve control have for foreign exchange (FX) and interest rates?

What are the expectations regarding the future of the Japanese yen and the interest rate policy?

How does the Swiss National Bank's approach to currency policy reflect its concerns about inflation?