Bank of Japan Maintains Policy Rate

The transcript discusses the Bank of Japan's (BOJ) monetary policy, focusing on maintaining the 10-year bond yield target and the challenges posed by global bond market trends. It highlights the BOJ's efforts to control inflation and the dissenting views within the BOJ. The performance of Governor Kuroda is evaluated, noting his reduced appearances before Parliament and his success in maintaining the inflation target. The discussion also touches on the potential challenges for the BOJ in 2018 due to global economic conditions.

How does the text describe the current state of inflation in relation to the BOJ's targets?

What is the significance of keeping the 10-year bond yield at zero according to the text?

What challenges does the BOJ face in maintaining its policies in the future?

What does the text imply about the relationship between global bond markets and the BOJ's policies?

How has the frequency of the BOJ governor's testimonies before Parliament changed over the years?