March 13, 2025 at 03:47AM
That as the rise of import costs is seen moderating
And also as wage growth is expected to stay strong
This just adds to his earlier remark of expecting underlying inflation to gradually pick up further in due time. The remarks here are pretty much just planting the seeds for a stronger rhetoric when the spring wage negotiation results are more definite.
This article was written by Justin Low at www.forexlive.com.
BOJ governor Ueda expects Japan’s real wages consumption to gradually improve