Bank of Japan moves to raise interest rates; test is "triple-worrying" small and medium-sized enterprises [Economic column]
2025-01-26 00:29:00
The Bank of Japan has moved to raise interest rates further. One of the reasons for this decision is the momentum for companies to raise wages. In a world with interest rates, the question of how to achieve a virtuous cycle of growth and distribution will be lit by wage increases at small and medium-sized enterprises, which are said to be suffering from a "triple whammy." (Economics Department, Kentaro Magata)
