TOKYO (Reuters) -The Bank of Japan cut its economic assessment for most regions on Thursday but signalled its confidence that wage hikes were broadening, leaving scope for another hike in the country's still-low interest rates. "With strong wage hikes sustained for two straight years, companies are changing their behaviour to cope with rising labour costs," such as boosting investment to streamline operations, the BOJ said. The BOJ's regional report will be among factors the board will scrutinise in producing fresh quarterly growth and inflation forecasts at its next rate review on April 25-26.
Takeshi Nakajima, director of a Nara Prefecture-based disaster relief nonprofit organization. Many people wish to volunteer in areas hit by the Jan 1 Noto Peninsula earthquake, but in the severely impacted regions, logistical and other challenges make hosting any but the most self-reliant volunteers extremely difficult.
TOKYO: Japan's wage hike momentum is building up earlier this year than in 2023 but the outlook remains uncertain, the central bank said on Thursday (Jan 11), highlighting its cautious optimism over prospects for sustainably achieving its 2 per cent inflation target. The assessment, made in a quarterly rep
In the Regional Economic Report released today, BoJ painted an encouraging picture of economic recovery. Despite challenges like past spike in commodity prices. All nine regions "had been either picking up or recovering moderately".
Many firms in western Japan
want the yen to move stably reflecting economic fundamentals,
the central bank s branch manager overseeing the region said on
Monday. We ll scrutinise the.