Wages and prices - past, present, and future
25 December 2023 · Kazuo Ueda , Governor of the Bank of Japan (Japan)
Summary written by Dark Majestic in its own words · topics: inflation and price stability , climate, energy and nature , growth, investment and productivity , labour markets and jobs
KU 25 Dec 2023 · Kazuo Ueda Wiki · Bank of Japan Wiki Wages and prices - past, present, and future Context Speech to the councillors of Keidanren, the Japan Business Federation, in Tokyo; the Bank of Japan pursues price stability and waits for lasting wage growth.
Why it matters Ueda signals growing confidence that Japan is moving to a wage-price cycle.
Problems raised Japan was stuck in low inflation and growth. Wages and prices barely moved. Transition is uncertain. Solutions proposed Support the move toward a wage-price transition. Watch the output gap close. Work with business leaders. Read full speech on bis.org ↗ More from Kazuo Ueda · Bank of Japan · all speeches
More speeches by Kazuo Ueda Other leaders on inflation and price stability
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