policy and wages increasing

BOJ Governor Kazuo Ueda has been waiting for what he calls good inflation — inflation driven by wage increases that increase consumption and aggregate demand — to tighten policy. Despite years of easy monetary policy and wages increasing 5.1 per cent in the 2024 spring wage offensive, real disposable income has not increased. This has led to sluggish growth in real consumption. The BOJ may face pressure to tighten in order to resist a disorderly depreciation of the yen. This is especially true as the US Federal Reserve may slow monetary policy easing because of inflationary risks due to tariffs, large US budget deficits and the repatriation of illegal immigrants. สล็อตเว็บตรง