TOKYO -- The Japanese government on Monday signaled that spurring continued wage growth will be part of collaboration with the Bank of Japan as the two sides work together to help the country reach a sustained inflation rate of 2%.
Economy
Japan to work with BOJ toward sustainable wage growth
Deflationary fears loom despite largest pay raises in 30 years
Japanese Prime Minister Fumio Kishida stressed the need for cooperation between the government and the Bank of Japan at a May 15 meeting. (Photo by Uichiro Kasai)
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