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Paving way for end to negative rates, Japan Inc to offer big wage hikes | World News

by
Business Standard

[ad_1] Some of Japan’s biggest companies are expected to formally offer sizeable pay increases at annual talks with unions that wrap up on Wednesday, clearing the way for the central bank to end negative interest rates as early as next week.   Economists see substantial wage increases as a prerequisite for the Bank … Read more

BOJ Governor Kazuo Ueda keeps upbeat view on inflation, wage outlook | World News

by
Business Standard

[ad_1] Bank of Japan Governor Kazuo Ueda said the country’s inflation was accelerating as a trend as a tight labour market pushes up wages, reiterating the bank’s conviction that conditions for ending negative interest rates were falling into place Bank of Japan Governor Kazuo Ueda said the country’s inflation was accelerating as a trend … Read more