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The Bank of Japan and financial markets are eagerly awaiting the Shunto wage decision for Japan’s largest trade confederation RENGO, which is due in. In our view, the result will likely be more of a reflection of near-term cyclicality than structural strength in the economy. It is therefore unlikely to justify a material policy shift by the Bank of Japan (BoJ). ....
Japan's Wage Data Likely Solid Enough to Keep BOJ on Track bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) One of Japan’s biggest unions plans to push for pay gains above 6% in a bid to kickstart a virtuous wage-price cycle that would enable the Bank of Japan to raise interest rates and strengthen the yen.Most Read from BloombergMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneTrump Risks Losing More Than Half of Swing-State Voters If Found GuiltyByron Allen’s Latest Takeover Bid: Paramount for $14 BillionS&P 500 Has Its Worst Fed-Decision Day Since March: Mark ....
Japan Union Group Seeks at Least 6% Pay Raise in Bid to Push BOJ Policy bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Japan's Unions Amplify Wage Hike Calls as Negotiations Kick off bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.