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International Business Times
International Business Times
Business
AFP News

Eyes On Bank Of Japan As Unions Announce Wage Hikes

EY Japan Rengo Fumio Kishida the Bank of Japan BOJ Inflation Monetary Policy
Wage growth has been sluggish in Japan for decades (Credit: AFP)

The results of key wage hike negotiations in Japan will be announced Friday, with a win for workers expected to set the stage for a hotly anticipated shift away from the central bank's ultra-loose monetary policy.

Wage growth has been sluggish in Japan for decades, and the government partly blames this for the economy's woes.

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