Even though this year’s spring wage negotiations resulted in the largest pay hike since 1991, Bank of Japan Governor Ueda this week sounded worried about developments overseas. That creates risk to our non-consensus view that the Bank will hike rates in May already rather than wait until July as most anticipate.
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