Technical Analysis
Japan PM Kishida calls on firms to push for wage hikes that exceed inflation rate
- Would like to create an economic structure in which wages rise every year
- Must create strong economy in which rising real wages become the norm
Well, they’d certainly like that now considering the potential pivot that the BOJ is embarking on. A push on wages would certainly help policymakers a great deal in trying to get the recent uptick in inflation to stay as the “good kind” of inflation.