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Bank of Japan Faces Decision Time on Rate Hike as Wage Momentum Picks Up

Posted

March 18, 2024

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In a survey of 50 economists published by Bloomberg News last week, a slim majority had forecast Japan's central bank would end the world’s last negative rate in April. After that survey, the country's largest union group announced stronger-than-expected annual wage deals, fueling speculation of a March move. Stephen Engle reports on Bloomberg Television.

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Bank of Japan Faces Decision Time on Rate Hike as Wage Momentum Picks Up · Bloomberg Television · Sentinel