Japan business lobby to urge Boj to achieve 'moderate' inflation: Nikkei

Japan's business lobby, Keidanren, will urge member firms to consider raising base salaries next year and is calling on the central bank to achieve "moderate" inflation, according to the Nikkei newspaper. Keidanren will also call on companies to maintain and strengthen the momentum for raising wages beyond next year.BOJ Governor Kazuo Ueda has stressed the need to keep low interest rates until stronger wage gains help Japan sustainably achieve 2% inflation backed by solid consumption.

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