BoJ Governor Ueda says wages are expected to rise for a broad range of sectors in this year's wage negotiations, and that annul real wages to gradually turn positive
Context
Governor Ueda's comments suggest a more optimistic outlook on wage growth in Japan, indicating a shift towards more sustainable inflation dynamics. This could imply a gradual decrease in monetary stimulus as real wages show signs of improvement, potentially impacting the yen and interest rate expectations moving forward.
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