August's headline data on labour cash earnings were weaker than expected but the breakdown is reassuring and the underlying trends in employment income are continuing to improve. Meanwhile, the Bank of Japan is reportedly considering a range of options for further monetary easing at the two-day Policy Board meeting which concludes tomorrow. Nonetheless, the markets may still be disappointed.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services