Japan’s Nominal Pay Rises Faster in June, Backing Case for BOJ Rate Hike

Japan’s Nominal Pay Rises Faster in June, Backing Case for BOJ Rate Hike

Japanese workers saw their nominal wages rise at the fastest pace in four months, reflecting gains won in annual negotiations with employers and fueling market speculation that the Bank of Japan may hike its benchmark rate in coming months.

Japan ruling party heavyweight warns against BOJ rate hike

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BoJ Minutes Indicate More Rate Hikes Coming, Yen Dips - Action Forex

The Japanese yen is in negative territory on Tuesday. In the European session, USD/JPY is trading at 147.74, up 0.45% on the day. BoJ minutes: BoJ will hike as inflation, growth increase The Bank of Japan minutes from the June policy meeting were somewhat dovish, but the yen has still headed lower today. The minutes […] The post BoJ Minutes Indicate More Rate Hikes Coming, Yen Dips appeared first on Action Forex.