11 Jul 2022
Japan’s Matsuno: Working to hold first meeting for panel on raising wages this week
Japan's Chief Cabinet Secretary Hirokazu Matsuno said in a statement on Monday, “we are working towards holding the first meeting for a panel on raising wages this week.”
His comments come after Japanese Prime Minster Fumio Kishida said earlier this morning that “We will take every possible step to deal with rising prices,” adding that will create atmosphere for private sector firms to raise wages more easily.”
Related reads
- USD/JPY consolidates around 137.00 mark, just below a fresh 24-year peak
- Japan ruling bloc wins upper house election