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Japan’s Wages Grow Most Since 1997, Keeping BOJ on Rate Hike Path

1 source ·1 article ·2h ago

Japanese workers’ nominal wages rose at the fastest pace in nearly three decades on the back of strong corporate earnings and a tight labor market, in data likely to keep the Bank of Japan on course for further monetary tightening.

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Bloomberg 1

All coverage · 1 article

Bloomberg Economics ·2h ago

Japan’s Wages Grow Most Since 1997, Keeping BOJ on Rate Hike Path

Japanese workers’ nominal wages rose at the fastest pace in nearly three decades on the back of strong corporate earnings and a tight labor market, in data likely to keep the Bank of Japan on course for further monetary tightening.