VOT Research Desk
In an interview on Monday, Bank of Japan (BoJ) Governor Haruhiko Kuroda stated that the Improves labor market will help drive up salaries in the future.
I anticipate that wage pressure would eventually intensify. Setting real wage growth as a monetary aim is difficult.
There is no need to go over the roles of the government and the Bank of Japan in the 2013 joint statement again.
The BoJ Chief’s positive words are aiding the Japanese currency, with USD/JPY down 0.23% on the day to 138.79 as of writing.
