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Learn about the Federal Reserve's accelerated tapering and its market implications in this lecture from Kyoto University's Introduction to Socioeconomics course, delivered by Associate Professor Ken Sakade of the Graduate School of Public Policy. Explore the market turbulence caused by the Fed's tapering acceleration, examine the effects of the Bank of Japan's "quantitative and qualitative monetary easing" on the Japanese economy, and understand potential BOJ response scenarios. The lecture concludes with insights into studying social and international political economics, providing a comprehensive analysis of contemporary monetary policy challenges in both US and Japanese contexts.