BOJs 2% Inflation Outlook Still Looks Challenging

The transcript discusses inflation concerns in Japan, highlighting the challenges in achieving a 2% price stability target. It also covers the US inflation outlook, suggesting that core inflation may not reach desired levels until 2016. The conversation touches on public perception of economic indicators, noting that GDP growth is not a major talking point among the general public.

What is the main challenge mentioned in achieving Japan's price stability target?

• High consumer demand

• Downside risks to the price outlook

• Strong currency value

• Excessive government spending

By when does the speaker predict the US might see core inflation reaching desired levels?

• 2014

• 2015

• 2016

• 2017

What is the predicted timeline for achieving 2% core inflation in the US?

• By 2016

• By 2017

• By 2015

• By 2014

What is the general sentiment of the American public towards GDP growth, as mentioned in the video?

• Indifference and lack of awareness

• Excitement and celebration

• Optimism and hope

• Concern and anxiety

Which economic indicator is discussed in relation to the American public's perception?

• Interest rates

• Trade balance

• Unemployment rate

• GDP growth