BOJ decisions on policy change hinge on Japan’s inflexible wage dynamics

02 Feb 2023 16:48 | JHRS (Administrator)

After years of massive stimulus, Bank of Japan Gov. Haruhiko Kuroda has placed wage growth at the center of debate over whether potentially market-jolting policy change looms at the central bank. Kuroda has insisted that the BOJ’s ultraloose policy must continue until there are signs inflation can be sustained by stronger pay gains.

Source: https://www.japantimes.co.jp

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