Bank of Japan Governor Kuroda:

  • Wage growth likely to accelerate as economy improves given tightening labour market
  • Outcome of spring wage negotiations likely to reflect tighten job market, recent price rises

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Wage growth would be a step towards more sustainable 'demand-pull' inflation according the Bank of Japan. It would begin to hint at a dialling back of ultra loose policy if it happened.

Kuroda karate meme

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