Wednesday , 13 November 2024
Home Forex Japan PM contender Kato wants folks to have higher wages
Forex

Japan PM contender Kato wants folks to have higher wages

Big promises from one of the runners to be new Prime Minister:

Kato:

  • sees exit from deflation on horizon
  • must compile stimulus package backed by a bold supplementary budget at an early date
  • stimulus package should include spending for reconstruction from the Noto earthquake and typhoon
  • package should contain to prompt higher wage

Kato talks of doubling wages. Yeah, right.

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Australia – “Wage inflation is moderating as expected”

In brief from WPAC's note:September quarter Wage Price Index below the RBA’s...

PBoC promised stronger damping to support CNY, and that’s what are seeing

Justin had the news from the People's Bank of China here on...

PBOC sets USD/ CNY mid-point today at 7.1991 (vs. estimate at 7.2305)

The People's Bank of China set the onshore yuan (CNY) reference rate...

Dogecoin catches a bid on Trump’s new DOGE department headed by Musk

Announcement here:Trump names Elon Musk, Vivek Ramaswamy to lead Department of Government...