BoJ’s Takata signals new dawn in wage-price cycle

<p>BoJ board member Hajime Takata highlighted in a speech today the significant shifts in firms&#8217; behavior on price-setting and wages, leading to a budding &#8220;virtuous cycle between wages and prices&#8221; in Japan. The existence of the virtuous wage-price cycle, if it sustains, could give BoJ more room to navigate its monetary policy and prompt an [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/517399-bojs-takata-signals-new-dawn-in-wage-price-cycle/">BoJ&#8217;s Takata signals new dawn in wage-price cycle</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>