Haruhiko Kuroda, Governor of the Bank of Japan, is delivering his prepared remarks at the ECB’s panel titled ‘Price and wage setting in advanced economies.’ Key quotes (via Reuters) Japan’s economy has improved significantly. Wages and prices have continued to show relatively weak developments. Increase in base-pay still lacks strength. Wage-costs have not been directly impacting prices. The productivity of Japanese firms in the service sector is low when compared to industry standards. Will take time to dispel deflationary mindset. Measures to improve productivity seen having positive effect in long run, to reduce upward pressure on prices in short run. Consumers are reluctant to accept price rise. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD could slip back to 0.7330/0.7300 – UOB FX Street 3 years Haruhiko Kuroda, Governor of the Bank of Japan, is delivering his prepared remarks at the ECB's panel titled 'Price and wage setting in advanced economies.' Key quotes (via Reuters) Japan's economy has improved significantly. Wages and prices have continued to show relatively weak developments. Increase in base-pay still lacks strength. Wage-costs have not been directly impacting prices. The productivity of Japanese firms in the service sector is low when compared to industry standards. Will take time to dispel deflationary mindset. Measures to improve productivity seen having positive effect in long run, to reduce upward pressure on prices in short… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
