Professor Ito on Inflation, BOJ Meeting, ETFs

The video discusses Japan's economic growth and inflation challenges, focusing on the Bank of Japan's (BOJ) communication strategies and monetary policy tools. It highlights the internal debates within the BOJ, especially with the departure of key dissenters, and examines the effectiveness of current policies like yield curve control and ETF buying. The discussion also touches on global pressures from the Federal Reserve and ECB, and the need for potential shifts in BOJ's approach to achieve its inflation targets.

How does the text suggest the Bank of Japan should address the issue of rising wages?

What is the significance of the 2% inflation target mentioned in the text?

What are the potential consequences of the Bank of Japan's current monetary policy tools?