Credit Suisse's Shirakawa on Japan Inflation Data

The transcript discusses Japan's monetary policy, focusing on inflation challenges and the Bank of Japan's efforts to reach a 2% inflation target. It highlights the impact of energy prices on inflation and consumer behavior, particularly the sensitivity of Japanese consumers to food prices. The discussion also covers the moderate wage growth in Japan and its effect on purchasing power.

In what ways do Japanese consumers' behaviors differ from those in the United States regarding gasoline prices?

What challenges does the Bank of Japan face regarding wage growth and consumer spending?