- Will compile measures to push up Japan’s minimum wage by May
- We need to achieve wage gains that exceed pace of inflation, which is imminent task and key growth strategy for Japan
- We will deploy all available means to broaden wage hikes across country
Ishiba wants the wage gains to support the Bank of Japan policy tightening.
At the margin, if wages do gain and the BoJ tightens its yen supportive.
This article was written by Eamonn Sheridan at www.forexlive.com.
