Japan Business Federation head reaffirms odds of wage hikes beating last year’s levels

In his words: “Wage increases in the preliminary survey of big firms’ wage talks are likely to exceed levels seen last year”.

Again, this just reaffirms the prevailing sentiment on the outcome for the spring wage negotiations. The question now is whether that will also spill over to smaller and medium-sized firms. And also, if the BOJ does see all of this as being enough to announce policy changes at next week’s meeting.

This article was written by Justin Low at www.forexlive.com.