Japan Business Federation Anticipates Increase in Wage Hikes for the Year Ahead

Monday, 11 March 2024, 06:54

The post discusses the increased optimism for wage hikes in the upcoming year compared to the previous year. With a high likelihood of the Bank of Japan normalizing monetary policy soon, the timing remains uncertain. However, the rising likelihood of achieving a 2% inflation rate is a positive indicator for the economy.
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Japan Business Federation Anticipates Increase in Wage Hikes for the Year Ahead

Japan Business Federation Forecasts Momentum for Wage Hikes in the Upcoming Year

Feeling greater momentum for wage hikes at this year's talks compared to last year.

High possibility that BOJ will normalise monetary policy in the near future.

But don't know if that will be as early as March or not.

Likelihood of achieving inflation of around 2% is rising.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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