Japanese spring dou is here! The union shouted "6~7% salary increase" inflation may accelerate, and ninety percent of experts expect interest rates to rise this week

Japan's spring 2025 labor negotiations (spring fight) appeared, the retail industry set off a wave of wage increases, representing multi-industry union UA ZENSEN to fight for a 6% salary increase for full-time employees and 7% for part-time employees, which not only hit corporate profits, but also supported Japan's Central Bank to raise interest rates this week, but it is still doubtful whether the salary increase can be converted into consumption momentum. (Synopsis: Japan's Central Bank has a 99% chance of raising interest rates next week, will the yen ArbitrageClose Position tide hit BTC again?) (Background supplement: Japan's Central Bank hints at 1/24 or interest rate hike, BTC, U.S. stocks can escape the yen ArbitrageClose Position tide this time? Japan's spring 2025 labor negotiations (chundou) are underway, and UA ZENSEN, a Japanese multi-industry trade union representing retail, catering, textile and other industries, is seeking a 6% raise for full-time employees and a 7% raise for part-time employees by 2025, exceeding the 5% benchmark target set by Rengo, Japan's largest union, according to Reuters. Negotiations on salary levels for 2025 used to end around March and take effect within a few months. Japanese retailers, often among the most stingy employers, will raise wages sharply for the second year in a row, meaning corporate profits are being squeezed, employees have more disposable income and giving Japan's Central Bank the green light to raise interest rates further. Japan's largely labor-intensive service sector has long avoided large or sustained wage increases by taking advantage of large numbers of low-paid retirees and housewives, but with a rapidly shrinking working-age population and rising inflation, the situation is beginning to change, with retail employing 10% of Japan's workforce and now making it harder to attract and retain employees. Retailers' compromises on consecutive pay raises mark a breakthrough for low-wage services and small manufacturers, and has also caught the attention of policymakers, including Japan's Central Bank officials, who want to see wage rises begin to stabilize after 25 years of stagnation. Japan's Central Bank has built its latest cycle of rate hikes, including another expected at its policy meeting later this week, on an ongoing "virtuous cycle" in which higher wages will support higher prices for services and manufactured goods. As companies raise the cost of wages to attract and retain labor, prices of goods and services are set to rise further, and the underlying concern is that if wage growth does not keep pace with inflation, the real purchasing power of households will be compressed, which may eventually affect spending power, and the market is watching to see whether this wave of wage increases will lead to a long-term economic rise, or whether it will be a catalyst for further inflation. Nearly 90% of experts expect interest rate hikes this week Japan's Central Bank will hold a monetary decision-making meeting on the 23rd-24th, Nikkei reported that a questionnaire survey of 24 monetary policy observers showed that 21 people, accounting for nearly 90%, expect Japan's Central Bank to raise interest rates this week, and almost all experts estimate a rate hike of one yard, and only 3 predict that there will be no rate hike this week. Bank of Japan President Kazuo Ueda said on the 15th that at this week's monetary meeting, whether to raise interest rates will be discussed and decided, and regarding the monetary policy in 2025, if the economic / price situation improves, the policy Intrerest Rate will be raised and the degree of monetary easing will be adjusted. It should be noted that if Japan's Central Bank raises interest rates again, it may once again trigger a wave of ArbitrageClose Position similar to the yen ArbitrageClose Position that caused the collapse of global stock markets and encryption currency markets on August 5 last year, but Marcin Kazmierczak, chief operating officer of RedStone Oracles, recently analyzed that the impact may be gradual rather than immediate, the key is to observe Central How will Bank policymakers balance domestic inflation targets with global market stability? After Japan's Central Bank raised interest rates at the end of July last year, in response to the yen Intrerest Rate and the United States and Europe and other countries interest rate differentials will begin to narrow, the market triggered a wave of yen Arbitrage trading Close Position, resulting in global financial market turmoil, on August 5 last year, BTC once price drops to $48,900, the S&P 500 index fell 3%, the largest one-day decline since September 2022, Nikkei 225 The index is even bigger dump than 12%. Related reports "Assassin's Creed: Shadowers" postponed to "Japan Gas Day" heat, encryption-friendly Ubisoft facing closure? China's Intrerest Rate hits a new low! Bloomberg warns: may trigger a deflationary spiral to follow in Japan's footsteps Japan's Financial Services Agency plan: treat encryption currency as an investment asset and convert it from a payment instrument to a "financial product" 〈Japanese spring dou is coming! Trade unions shout "raise wages by 6~7%" inflation is likely to accelerate, ninety percent of experts expect interest rate hikes this week" This article was first published in BlockTempo "Dynamic Trend in Moving Area - The Most Influential Block Chain News Media".