Headline inflation in Japan is above the BOJ’s 2
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Posted On: 01/02/2024 7:23:16 AM
Headline inflation in Japan is above the BOJ’s 2% target for over 19 months and will see a 5% rise in spring wage negotiations guided by the Japan Trade Union Confederation. These conditions are supportive for a policy normalization, said Homin Lee, senior macro strategist at Lombard Odier.
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