ING flags October BoJ hike on rising pay, sees politics and tariffs as key risks
Strong wage growth bolsters case for October BoJ rate hike: The yen rose after the data. Today’s data out of Japan has reinforced expectations that the Bank of Japan could raise interest rates as soon as October, ING said in a note on Friday. Labour cash earnings rose 4.1% year-on-year in July, accelerating from 3.1% … Read more