BOJ sees widening wage hikes, signals chance of near-term rate hike
Wage hikes are broadening in Japan as structural labour shortages have made firms more aware of the need to keep hiking pay, the central bank said, suggesting that conditions for a near-term interest rate hike were continuing to fall into place.
BOJ Signals Progress on Wages Without Clear Hint on Hike Timing
The Bank of Japan indicated it sees progress in wage gains, while refraining from giving any clear hints on whether an interest rate hike is coming this month.
Japan wage growth ticks up but BoJ still likely to hold rates in January
The BoJ is hoping to see a “virtuous” circle of wage increases and price rises so that Japan can escape from the ultra-low rates and inflation environment that has plagued it for years. The data on pay for November reaffirms the green shoot of pay rises becoming entrenched, albeit real wage growth remains slightly negative.
More Japanese Companies Seeing Need for Continuous Wage Hikes, BOJ Says
More Japanese companies are seeing the need to offer pay increases, the Bank of Japan said, the latest sign that the economy is making progress toward growth backed by higher wages.
Wide range of Japanese firms see need to hike wages, BOJ says
A wide range of Japanese firms see the need to continue raising wages due to structural labour shortages, the Bank of Japan said on Thursday, suggesting conditions for a near-term interest rate hike were continuing to fall into place.
BOJ Is Said to Weigh Raising Inflation Forecast on Rice, Yen
Bank of Japan officials are likely to discuss raising their inflation outlook at a policy meeting later this month, although ...
BOJ Grows More Confident That Firms Will Keep Raising Wages
More Japanese companies are seeing the need to offer pay increases, the Bank of Japan said, the latest sign that the economy ...
Japan November household spending falls as price pressure persists
Japanese household spending fell in November, government data showed on Friday, weighed down by stubbornly high prices that ...
Dollar slides vs. yen after report on Bank of Japan inflation forecast
A Bloomberg story that the Bank of Japan might lift its inflation forecast due to rice and the yen had an impact, sending the dollar lower vs. the yen. The question is whether the central bank lifts ...
Business Times1d
Japan’s economy minister vows to coordinate policy with Bank of Japan
JAPAN’S government will closely coordinate policy with the central bank as the economy is at a critical stage in shifting to ...
Rosy wage outlook, weak yen drawing BOJ attention to inflation risks
Prospects of sustained wage gains in Japan and the boost to import costs from a weak yen have heightened attention within the ...
USD/JPY Calm As BoJ Core CPI Rises
The Japanese yen is showing limited movement on Tuesday. In the North American session, USD/JPY is trading at 157.33, up 0.11 ...
Yahoo Finance15d
BOJ produces estimates on how future rate hikes affect earnings
TOKYO (Reuters) - The Bank of Japan released for the first time estimates on how future interest rate hikes could affect its earnings, which showed it will briefly suffer red ink of up to $13 ...
FXStreet1d
Bank of Japan (BoJ)
The Bank of Japan (BoJ) is the central bank of Japan. Established under the Bank of Japan Act in 1882, it is a juridical entity and neither a government agency nor a private corporation.
BOJ’s Ueda Sends Fresh Reminder to Bankers on Raising Rates
Bank of Japan Governor Kazuo Ueda sent a fresh reminder to bankers that he’s going to raise the benchmark rate if the economy ...