In an address to the parliament today, BoJ Governor Kazuo Ueda indicated a forward-looking approach to monetary policy, wherein the anticipation of rising real wages could be a determinant for policy normalization, rather than their current state. Ueda posited, “Real wages would likely have turned positive when a positive wage-inflation cycle kicks off.” Delving into […]

The post BoJ Ueda suggests easy policy exit could precede real wage recovery appeared first on Action Forex.