Japan’s largest trade union says very important to secure wage rises

The president of Japan’s largest trade union Rengo says its very important to secure wage rises

• as real wages continue to fall
• and the result of this year’s wage negotiations must exceed last year

Still awaiting the Bank of Japan statement, the Bank is expected to raise rates by 25bp

This article was written by Eamonn Sheridan at www.forexlive.com.