Ishiba says that the government is requesting the cooperation from businesses to achieve a "large" wage growth in the spring wage negotiations. This is to follow up from last year's success and to break the deflationary cycle/mindset in Japan. It will also help the BOJ out a little in trying to convince markets of further rate hikes.
Japan PM Ishiba calls for cooperation from businesses on bigger wage hikes
- This is with regards to the spring wage negotiations next year
