BOJ: Lack of Wage Increases May Prolong Deflation Fight

The Bank of Japan’s fight against deflation may last longer than it had hoped as firms remain reluctant to sharply raise wages, undermining the central bank’s goal of achieving its target of 2% inflation in two years. While the nationwide core consumer price index recently racked up three straigh…

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BOJ: Lack of Wage Increases May Prolong Deflation Fight

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