Major union UA Zensen calls for 6% pay raise to support BOJ policy shift
[ad_1] One of Japan’s biggest unions plans to push for pay gains above 6% in a bid to kick-start a virtuous wage-price cycle that would enable the Bank of Japan to raise interest rates and strengthen the yen."The yen’s depreciation has gone too far, and I would like to see the BOJ take some policy steps to correct the situation,” said Akihiko Matsuura, president of UA Zensen, a labor union […]