Reuters Japan Corporate Survey:
- Two-thirds of Japanese firms want BOJ to pause rate hikes due to Trump’s tariffs
- More than 80% of Japan firms intend to proceed with wage hikes despite tariff impact
- More than 60% of Japanese firms expect negative earnings impact from new US tariffs
Viewing the recent economic data coming out of Japan I can see why firms would want a pause in rate hikes.
This article was written by Eamonn Sheridan at www.forexlive.com.