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Japan Drop-In: The Shunto, the Bank of Japan and the inflation and policy outlook

Will the Bank of Japan be doing a victory lap this year in its quest to get inflation sustainably to 2%? And how far will it ultimately raise the policy rates? 

As the preliminary results of this year’s Shunto wage negotiations are released on 14th March 2025, our economists hosted an online briefing to talk through the stunning turnaround in Japan’s inflation environment and the policy path ahead. 

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Global economy

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