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BOJ's Nakagawa: We're aiming for positive economic cycle accompanied by higher wages

BOJ's Nakagawa: We're aiming for positive economic cycle accompanied by higher wages

The ongoing "shunto" spring wage talks in Japan this year is a massive pillar to watch, as that could set the platform on which the BOJ might use as leverage to pursue a move away from its current easy policy stance.

A bellwether in gauging that has been Toyota, who last week accepted the labour union pay demands. However, they have not officially disclosed the size of the pay rise that has been agreed. Japan prime... Read More

Posted: Mar 1 2023, 05:56
Author Name: forexlive
Views: 102294

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