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7 Dec 2023
BoJ’s Ueda: Told PM need to check wage, service price outlook
Bank of Japan (BoJ) Governor Kazuo Ueda is back on the wires on Thursday, noting that he had a regular exchange of views on economy and financial trends with Prime Minister (PM) Fumio Kishida as he did back in August.
Additional comments
No special demand from PM Kishida.
My explanation on monetary policy to PM Kishida included wage hike outlook next year.
Told PM Kishida, the BoJ hopes to check whether wages will rise sustainably, whether wage rises will push up service prices, and whether demand will be strong.