According to a survey conducted by the Bank of Japan, stability in the exchange rate is the top priority for large manufacturers in the country. They believe that this stability should be achieved through the central bank’s monetary policy. This survey provides insight into the expectations and concerns of Japan’s manufacturing sector regarding the country’s currency.
According to a survey conducted by the Bank of Japan (BOJ), many firms in the country are reconsidering their approach to wage growth. They believe that if they continue to keep wages low, they will struggle to attract enough workers. Instead, they see an economy where wages and inflation rise together as more desirable than one where wages and prices barely move. This survey suggests that Japan is on the verge of witnessing significant changes in corporate behavior. The BOJ conducted this survey as part of a long-term review of the advantages and disadvantages of its previous monetary easing measures.
A recent survey conducted on approximately 2,500 firms across the country sought to understand how these companies perceived the impact of the central bank’s monetary easing measures since the mid-1990s on their business activities. The results of the survey were not disclosed in the provided information. Leika Kihara reported on this story, with editing by Jamie Freed and Sam Holmes.