Tariffs, declining real wages, slowing growth: Japan's central bank has its work cut out

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Tariffs, declining real wages, slowing growth: Japan's central bank has its work cut out

cnbc.com/2025/07/08/tariffs-wages-intrest-rates-boj.html

The Bank of Japan faces a stiff challenge as it strives to normalize its monetary policy at a time when growth has been slowing, while steep U.S. tariffs further threaten the country's exports-driven economy.
Declining real wages have compounded the BOJ's troubles. Real wages dropped at…

This story appeared on cnbc.com, 2025-07-08 02:17:10.190000.