- Labour market remains tight
- That will likely see firms pass on rising costs via price rises
- Expect wages to rise slightly more than inflation forecast of 1.8% for fiscal year 2025
Some token remarks there by Ueda. All eyes are on the results of spring wage negotiations, in which there should be an indication some time in March or April at the earliest.
This article was written by Justin Low at www.forexlive.com. Source