You need to make gains in wages that exceed the pace of inflation

“We need to achieve gains in wages that exceed the pace of inflation, an imminent task and the main growth strategy of Japan,” said Japanese Prime Minister (PM) Chijo Ishiba on Tuesday.

Additional quotes

“He will collect measures to pay the minimum wage in Japan by May.”

“We will publish all the means available to expand the high wages throughout the country.”

Market reaction

At the time of the press, the dollar/JPY loses 0.13 % a day to trade near 149.80.

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