President, Rengo (Japanese Trade Union Confederation)
Appears in 1 story
Pushing for wage hikes that would lock in BOJ’s wage-price narrative
Japan’s shift away from ultra-easy money is now colliding with the currency market. After the Bank of Japan’s December 19, 2025 hike to around 0.75%, Governor Kazuo Ueda stressed in post-meeting remarks that real rates remain “very low”/negative and that the BOJ will decide the pace of further tightening meeting by meeting—while standing ready to respond with flexible operations if long-term yields make “exceptional” moves.
Updated Dec 20, 2025
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