Subdued wage growth data in Japan is raising eyebrows, particularly at BoJ. An essential element for the central bank’s policy normalization is the establishment of a harmonious cycle between wage growth and prices. The recent figures, however, indicate that this equilibrium remains elusive. In August, labor cash earnings in Japan rose by a meager 1.1% […]
The post Japanese wages growth underwhelm as real income sinks for 17th mth appeared first on Action Forex.
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