Japan business lobby head rebuffs wage growth expectations for this year ...Middle East

Meanwhile, the number of smaller and medium-sized firms that will raise wages should also rise slightly for this year.

That's a positive takeaway or at least in terms of expectations ahead of the crucial spring wage negotiations that will conclude in March. The BOJ is looking to that as a key development in the timeline to reaffirm their rate hike expectations.

This article was written by Justin Low at www.forexlive.com.

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