Bank of Japan Policy Tweak Could Be First Step Towards Exit: Prof. Ito

The transcript discusses the strategic tweak by the central bank before the governor steps down, its impact on the yield curve, and the liquidity of the 10-year bond market. It explores the governor's signaling to the markets, inflation expectations, and the challenges for the new governor. The discussion includes market reactions, global implications, and the future of Japanese monetary policy, focusing on normalization and economic stability.

What is the significance of the wage negotiations mentioned in the context of the central bank's policy?

In what ways could the reopening of the Chinese economy affect global inflationary dynamics?

What are the expected outcomes if inflation numbers continue to hold above 2%?

What does the term 'demand pull inflation' refer to in the context of the central bank's strategy?