Bank of Japan Expects Positive Year-on-Year Changes in Real Wages

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Kazuhiro Masaki, the Director-General of the Monetary Affairs Department at the Bank of Japan (BoJ), stated on Monday that changes in wages in real terms are anticipated to move into positive territory on a year-on-year basis.

Masaki emphasized the importance of monitoring energy prices and foreign exchange (forex) movements.

Market Reaction

The USD/JPY pair is maintaining its range-bound movement near 156.80, experiencing a slight decline of 0.12% for the day.