BOJ's Harada says unsurprising if prices rise as jobless rate falls - ConsultFX

BOJ's Harada says unsurprising if prices rise as jobless rate falls

Further comments by BOJ board member Yutaka Harada Well, Japan's unemployment rate has steadily fallen - now to 2.2%, the lowest in 25 years - but let's be honest. That hasn't translated to any increase in price pressures whatsoever, so to hope for CPI reaching 2% even if the jobless rate falls further is nothing but