BoJ’s Kuroda: Japan seeing broadening trend where rising inflation is being reflected in wages

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BoJ’s Kuroda: Japan seeing broadening trend where rising inflation is being reflected in wages

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    Speaking at his retirement news conference on Friday, outgoing Bank of Japan (BoJ) Governor Haruhiko Kuroda said that “Japan is seeing a broadening trend where rising inflation is being reflected in wages.”

    USD/JPY is advancing toward 132.00, adding 0.09% on the day. Kuroda’s last words fail to lift the sentiment around the Japanese Yen.

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