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TOKYO--More Japanese companies are seeing the need to keep offering pay increases ... the bank said in a summary of discussions at the BOJ's meeting of regional branch managers on Thursday.
The BOJ has repeatedly said sustained, broad-based wage hikes are a prerequisite for pushing up borrowing costs, and Prime Minister Shigeru Ishiba on Monday pledged to take steps to boost Japan's ...
“Our stance is that we will raise the policy interest rate to adjust the degree of monetary easing if economic and price conditions keep improving,” Ueda said Monday in his first public speech ...
The Bank of Japan on Dec. 19 voted to keep policy interest rates unchanged following a U.S. rate cut, adding downward pressure on the Japanese currency against the dollar. BOJ Governor Kazuo Ueda ...
Taken together, there were many reports saying a wide range of firms see the need to keep hiking wages," it said. The BOJ raised its economic assessment for two of Japan's nine regions and ...
However, the BoJ and December’s Summary of Opinions failed to provide clear signals. While some board members supported a December hike, Governor Ueda emphasized the need for more wage growth ...