Financial Times (December 3)
2015/ 12/ 04 by jd in Global News
“For the average Japanese investor and consumer, inflation expectations have not budged. Japan needs to jump-start a wage-price spiral of the sort feared from the 1970s…. Such a cycle should be started by increasing nominal wages by 5 to 10 per cent in 2016.”
Tags: 2016, Consumer, Expectations, Inflation, Investor, Japan, Price spiral, Wages
