Nomura Research Institute's Kiuchi on BOJ Policy Outlook

The transcript discusses the Bank of Japan's (BOJ) potential interest rate hikes, influenced by global economic conditions and the yen's depreciation. It highlights the BOJ's focus on the spring wage negotiations and the impact of the US economy on its decisions. The BOJ's policies on yen depreciation and bond market functioning are analyzed, with a focus on the JGB market and YCC tweaks. The transcript concludes with expectations for wage growth and inflation, suggesting that the BOJ's 2% inflation goal may not be achieved soon.

What are the expectations regarding the BOJ's short-term interest rate hike?

What factors could lead to a delay in the BOJ's rate hike according to the speaker?

How does the speaker view the relationship between the US economy and the BOJ's decisions?

In what way does the speaker believe the BOJ's policies may impact the yen?

What concerns does the speaker express regarding the JGB market and BOJ's policies?

What is the speaker's forecast for wage growth in the upcoming spring wage negotiations?

What does the speaker predict about the inflation rate in Japan for the next year?