MNI BRIEF: BOJ Ueda Sees 3% Wage Hikes Vital For 2% Target

Mar-26 02:57By: Hiroshi Inoue
Bank of Japan

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The Bank of Japan is focused on whether the economy will achieve wage hikes of around 3% and spread broadly, Governor Kazuo Ueda told lawmakers Wednesday. "I hope wages continue to rise to around 3%, including 1% from the rise in productivity, and i...