TOKYO :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.Some firms were already examining by how much they could raise pay th

Channel News Asia

Singapore

BOJ sees widening wage hikes, signals chance of near-term rate hike

Media Bias/Fact Check

Government of Singapore

(Bloomberg) — Japanese workers’ base salaries grew the most in 32 years, offering potential support for the central bank to raise rates this month if other data back up the thesis that a positive economic cycle is strengthening.

Financial Post

Leon Cooperman

Allianz

Canada

Japan's Base Pay Rises Most in 32 Years, Helping Rate Hike Path

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.

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Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

United States

BOJ Signals Progress on Wages Without Clear Hint on Hike Timing

Some firms are already examining by how much they could raise pay this year, the central bank says

Business Live

Johannesburg

City of Johannesburg Metropolitan Municipality

Gauteng

South Africa

BOJ rate hike on the cards as wages set to rise

A WIDE range of Japanese firms see the need to continue raising wages due to structural labour shortages, the Bank of Japan (BOJ) said on Thursday (Jan 9), suggesting conditions for a near-term interest rate hike were continuing to fall into place.

Business Times

Wide range of Japanese firms see need to hike wages, Bank of Japan says

Japanese workers’ base salaries grew the most in 32 years, offering potential support for the central bank to raise rates this month if other data back up the thesis that a positive economic cycle is strengthening. Base salaries increased by 2.7 percent in November from a year ago to drive…

BusinessMirror

Japan’s base pay rises most in 32 years, helping rate hike path

BoJ, in its latest Regional Economic Report, upgraded its economic outlook for two of Japan’s nine regions—Tohoku and Hokuriku—citing signs of moderate recovery. The assessment for the remaining seven regions was left unchanged, with all areas described as either “picking up” or “recovering moderately.” The report highlighted an increasingly widespread trend of price hikes by […] The post BoJ regional report highlights broadening price hikes app…

Action Forex

BoJ regional report highlights broadening price hikes - Action Forex

In its quarterly regional economic report published on Thursday, the Bank of Japan (BoJ) maintains the assessment for seven of Japan's nine regions.

BOJ sees widening wage hikes, signals chance of near-term rate hike

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