ICYMI – Japanese PM discussed wage negotiations with business and labour unions

Japanese PM Ishiba spoke on Monday. He said the government planned to meet with business and labour union representatives later this month to discuss next year’s annual wage negotiations.

Achieving sustained wage increases has been a priority for the government and Bank of Japan. Rising living costs have hit households, weighing on consumption and the broader economy.

USD/JPY update:

Annual wage negotiations will take place beginning late Q1 2025

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