- Analytics
- News and Tools
- Market News
- Japan’s Suzuki: It's goal of government to achieve pace of wage rises higher than that of inflation
Japan’s Suzuki: It's goal of government to achieve pace of wage rises higher than that of inflation
Japanese Finance Minister Shunichi Suzuki said on Wednesday that “it's the goal of the government to achieve the pace of wage rises higher than that of inflation.”
Additional comments
Govt will debate fate of BoJ-govt joint statement with new BoJ governor, so premature to comment on specifics.
Govt, BoJ share view achieving wage hikes important.
Current joint statement stipulates BoJ goal of achieving price rises accompanied by wage hike.
Meanwhile, Japan’s Chief Cabinet Secretary Hirokazu Matsuno said that they “hope the move of wage hikes among big companies would influence small, mid-sized and regional firms.”
Market reaction
USD/JPY is down to testing the 134.00 level once again, tracking the renewed weakness in the US Dollar, despite firmer US Treasury bond yields. The pair is shedding 0.12% on the day to trade at 134.07, as of writing.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
