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Analysis-Japan's back-to-back wage bonanza would open door for BOJ exit

Japan's big employers are set to follow this year's bumper pay hikes with another round in 2024, which are expected to help lift household spending and give the central bank the conditions it needs to finally roll back massive monetary stimulus. Early indications from businesses, unions and economists suggest the labour and cost pressures that set the stage for this year's pay hikes - the largest in more than three decades - will persist heading into next year's key spring w...
Leika Kihara Tetsushi Kajimoto Sam Holmes Kazuo Ueda Fumio Kishida Keita Kondo
Source: yahoo.com

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BOJ May Review Yield-Curve Control Policy as Rates Rise: Nikkei

(Bloomberg) -- Bank of Japan officials are pondering the question of whether to tweak the settings of the yield-curve control program as domestic long-term interest rates float higher in tandem with those in the US, the Nikkei newspaper reported on Sunday, without saying where it obtained the information.Most Read from BloombergCar Owners Fall Behind on Payments at Highest Rate on RecordIsrael Latest: Gaza Air Strikes to Intensify Before ‘Next Stage’Moderna Shaves Off $7 Billion in...
Takeshi Niinami Ken Kobayashi Bloomberg Businessweek Kazuo Ueda Asahi Noguchi Bloomberg Bank
Source: yahoo.com

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