Saturday , 14 December 2024
Home Forex Japan’s Economy Minister discusses Q3 GDP data – start of a wage and price cycle
Forex

Japan’s Economy Minister discusses Q3 GDP data – start of a wage and price cycle

Japan Economy Minister Akazawa was asked about the revised Q3 GDP data:

  • says while Japan has not emerged from deflation, a virtuous cycle of wage hikes and passing-through of prices has begun

***

This data was released on Monday, a bit of welcome new for Japan:

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Your email address will not be published.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

Global Market Weekly Recap: December 9 – 13, 2024

From the Nasdaq shattering the 20,000 barrier to gold’s surge toward $2,700...

FX Weekly Recap: December 9 – 13, 2024

We saw a whirlwind of central bank decisions and geopolitical surprises, with...

What are the key technical levels in play for the major currency pairs next week

What are the technical levels in play for the major currency pairs...

Forexlive Americas FX news wrap 13 Dec: US yields rise for the 5th day in a row.

Major US indices close mixed. Dow lower for 7th day in a...