Japan PM Ishiba requires cooperation from companies on larger wage hikes

Ishiba says that the federal government is requesting the cooperation from companies to realize a “giant” wage development within the spring wage negotiations. That is to observe up from final yr’s success and to interrupt the deflationary cycle/mindset in Japan. It would additionally assist the BOJ out a bit of in attempting to persuade markets of additional price hikes.

This text was written by Justin Low at www.ubaidahsan.com.



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