BOJ board member says wage will increase are a significant danger issue

Bank of Japan policy-board member Junko Nakagawa mentioned a wage pattern is a significant danger issue for the long run course of inflation.

“While wages are expected to increase along with improvements in the economy, it is strongly uncertain how big the rise would be,” Nakagawa mentioned Wednesday.

Any sluggish wage progress would add downward stress on costs,…

Source web site: www.marketwatch.com

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