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BOJ's Kuroda sees wages rising 'quite significantly'

BOJ's Kuroda sees wages rising 'quite significantly'

FILE PHOTO: Bank of Japan (BOJ) Governor Haruhiko Kuroda, speaks during an interview with Reuters in Washington, U.S. October 19, 2019. REUTERS/Carlos Jasso/File Photo

TOKYO : 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.

Source: Reuters

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