BOJ’s rate hike plans clouded by small firms’ wage woes.
Japan’s small firms are spending far more of their profits on wages than their bigger counterparts and could struggle to keep hiking pay, casting doubt on whether wage gains could broaden enough for the central bank to keep raising interest rates.
Read more about this here:
https://www.channelnewsasia.com/business/bojs-rate-hike-plans-clouded-small-firms-wage-woes-4804756
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