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flag BOJ reports rising wages boosting consumption, signaling potential interest rate hikes.

flag The Bank of Japan (BOJ) reports that rising wages are boosting consumption and signaling readiness for potential interest rate hikes. flag However, some small and medium-sized firms struggle with profitability, raising concerns. flag The BOJ's next policy meeting on October 30-31 will review these factors, with many economists expecting a rate increase by year-end. flag Japan's economy grew at an annualized 2.9% in Q2, but challenges from weak demand in China and the U.S. remain.

7 months ago
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