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wage increases News

ECB's Lane Stresses Importance of Mid-Range Interest Rates for Inflation Control

Michael Lee 13 Jan, 2025

ECB Chief Economist Philip Lane discusses the importance of mid-range interest rates for controlling inflation, the risks of rapid rate changes, and the impact of future wage incre...

Business

BOJ's Interest Rate Hike Plans in Jeopardy as Small Firms Struggle with Wage Increases

Michael Lee 13 Dec, 2024

Japan's small firms are struggling with wage increases, casting doubt on the BOJ's ability to raise interest rates. Policymakers are closely watching whether smaller firms can sust...