{"id":263310,"date":"2024-03-12T08:05:25","date_gmt":"2024-03-12T02:35:25","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=263310"},"modified":"2024-03-12T08:05:25","modified_gmt":"2024-03-12T02:35:25","slug":"focus-on-positive-wage-inflation-cycle-kicking-off-for-gauging-stable-achievement-of-price-target-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/focus-on-positive-wage-inflation-cycle-kicking-off-for-gauging-stable-achievement-of-price-target-crypto-news\/","title":{"rendered":"Focus on positive wage-inflation cycle kicking off for gauging stable achievement of price target &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<p>Bank of Japan (BoJ) Governor Kazuo Ueda\u00a0is making a scheduled appearance, addressing the Japanese Parliament \u2013 the Diet on Tuesday.<\/p>\n<h2 class=\"fxs_headline_medium\">Key quotes<\/h2>\n<blockquote>\n<p>Japan&#8217;s economy recovering moderately, although some weak data are seen.<\/p>\n<p>Consumption is improving moderately on easing cost-push pressure, hopes for higher wages.<\/p>\n<p>Some firms appear to be delaying investment though capital expenditure plans remain firm.<\/p>\n<p>We have seen various data since January, more data will come out this week so will look at these comprehensively in reaching appropriate monetary policy decision.<\/p>\n<p>We are focusing on whether positive wage-inflation cycle kicking off, in judging whether sustained, stable achievement of our price target coming into sight.<\/p>\n<\/blockquote>\n<h2 class=\"fxs_headline_medium\">Market reaction<\/h2>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/usdjpy\" data-fxs-autoanchor=\"\">USD\/JPY<\/a> picked up fresh bids on the above comments, spiking to near 147.40 before retracing quickly to 147.25, where it now wavers. The pair is up 0.23% on the day.<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: Bank of Japan (BoJ) Governor Kazuo Ueda\u00a0is making a scheduled appearance, addressing the Japanese Parliament \u2013 the Diet on Tuesday. Key quotes Japan&#8217;s economy recovering moderately, although some weak data are seen. Consumption is improving moderately on easing cost-push pressure, hopes for higher wages. Some firms appear to be delaying investment though capital expenditure [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":101720,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,367,248,386,251,246,257,255,684,250,252,247,253,249,275,256,254],"class_list":["post-263310","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-boj","tag-bsc","tag-centralbanks","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-interestrate","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-usdjpy","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/263310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=263310"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/263310\/revisions"}],"predecessor-version":[{"id":263311,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/263310\/revisions\/263311"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/101720"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=263310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=263310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=263310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}