{"id":11001,"date":"2023-01-22T07:47:00","date_gmt":"2023-01-21T22:47:00","guid":{"rendered":"http:\/\/www.irken.jp\/gn\/?p=11001"},"modified":"2023-01-23T09:40:18","modified_gmt":"2023-01-23T00:40:18","slug":"financial-times-january-21","status":"publish","type":"post","link":"https:\/\/www.irken.jp\/gn\/?p=11001","title":{"rendered":"Financial Times (January 21)"},"content":{"rendered":"<p>\u201cIn a country where companies have resisted raising pay and the workforce has refrained from aggressive salary demands for most of the past three decades, Fast Retailing\u2019s move is a watershed for the government and the Bank of Japan\u2019s battle to lift the economy out of deflation.\u201d Should the approach gain momentum, \u201cthe ramifications could be far-reaching,\u201d potentially leading to \u201ca virtuous cycle of rising wages, consumption and prices\u201d that \u201cwould allow Japan to finally move away from the negative interest rates and ultra-loose monetary policies.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cIn a country where companies have resisted raising pay and the workforce has refrained from aggressive salary demands for most of the past three decades, Fast Retailing\u2019s move is a watershed for the government and the Bank of Japan\u2019s battle to lift the economy out of deflation.\u201d Should the approach gain momentum, \u201cthe ramifications could [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1700,2036,307,8703,13,7080,1345,4,2201,13666,13668,1589,8303,13667,4904,3036],"class_list":["post-11001","post","type-post","status-publish","format-standard","hentry","category-global-news","tag-boj","tag-consumption","tag-deflation","tag-demands","tag-economy","tag-fast-retailing","tag-interest-rates","tag-japan","tag-prices","tag-raising-pay","tag-rising-wages","tag-salary","tag-ultra-loose","tag-virtuous-cycle","tag-watershed","tag-workforce"],"_links":{"self":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/11001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11001"}],"version-history":[{"count":1,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/11001\/revisions"}],"predecessor-version":[{"id":11003,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/11001\/revisions\/11003"}],"wp:attachment":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}