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Tomoko Yoshino

Tomoko Yoshino

President, Rengo (Japanese Trade Union Confederation)

Appears in 1 story

Notable Quotes

Rengo sought pay increases around 5% as real wages remained pressured. — CNBC report (Jan. 24, 2025)

Stories

BOJ pushes rates to 0.75%: Japan’s “free money” era starts getting expensive

Rule Changes

Pushing for wage hikes that would lock in BOJ’s wage-price narrative

Japan's shift away from ultra-easy money is now colliding with the currency market. After raising rates to 0.75% on December 19, 2025, Governor Kazuo Ueda stressed real rates remain 'very low' or negative and the BOJ will pace tightening while responding flexibly to exceptional long-term yield moves.

Updated Yesterday