BOJ's Kuroda sees wages rising 'quite significantly'

Published on February 03, 2023 03:38 PM AEDT

Image source: Reuters

TOKYO (Reuters) - Bank of Japan (BOJ) Governor Haruhiko Kuroda said on Friday he expected wages to rise "quite significantly", boosted by improvements in the economy and a tightening job market.

But he told parliament the central bank must maintain ultra-loose monetary policy to support the economy, and create an environment in which companies can increase wages.

(Reporting by Leika Kihara; Editing by Clarence Fernandez)

Reuters

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