BoJ’s Kuroda: Wage growth likely to accelerate

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BoJ’s Kuroda: Wage growth likely to accelerate

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    Bank of Japan Governor Haruhiko Kuroda crossed the wires on Tuesday who has explained wage growth will likely accelerate as companies increase pay to compensate households for the higher cost of living, and cope with an intensifying labour shortage.

    Speaking in parliament, Kuroda came out with the following key comments:

    USD/JPY has started to top out and a break below 133.80 structure opens the risk of a significant correction for the day ahead.

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