Japan PM Ishiba calls for cooperation from businesses on bigger wage hikes

Ishiba says that the government is requesting the cooperation from businesses to achieve a “large” wage growth in the spring wage negotiations. This is to follow up from last year’s success and to break the deflationary cycle/mindset in Japan. It will also help the BOJ out a little in trying to convince markets of further rate hikes.

This article was written by Justin Low at www.forexlive.com.