Mizuho CEO Sato Sees Two More Years of BOJ Easing

The video discusses Japan's monetary easing policy, aiming for a 2% inflation target. It highlights the need for business diversification and cultural change due to the unprofitability of simple lending. The potential tapering of the Bank of Japan's policy is influenced by political events like the LDP election and consumption tax increase. Achieving the 2% CPI target is challenging due to factors like oil prices and Japan's deflationary mindset. The timing of tapering depends on Japan's political and economic situation and actions by other central banks.

What challenges does the Japanese economy face in achieving the 2% CPI target?

How does the sentiment of deflation affect the Bank of Japan's policies?