Nov 29, 2023
BoJ’s Adachi: Difficult to end negative rates until positive wage-inflation cycle begins
Bank of Japan (BoJ) board member Seiji Adachi is back on the wires in early European trading on Wednesday, noting that it is “difficult to end negative rates until positive wage-inflation cycle begins.” Key quotes Positive wage-inflation cycle has not happened yet But if chances of it happening increases, then we can start discussing exit strategy.
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