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Japan PM urges business lobbies, unionists to reverse downtrend in wages

Japan PM urges business lobbies, unionists to reverse downtrend in wages

© Reuters. FILE PHOTO: Japanese Prime Minister Fumio Kishida speaks before the media at his official residence as an extraordinary Diet session was closed, in Tokyo, Japan December 21, 2021. Yoshikazu Tsuno/Pool via REUTERS TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida on Wednesday called on business lobbies and unions to work together to “boldly…

‘Santa Claus’ stocks rally? Investors look to Omicron for direction

‘Santa Claus’ stocks rally? Investors look to Omicron for direction

© Reuters. FILE PHOTO: A street sign, Wall Street, is seen outside New York Stock Exchange (NYSE) in New York City, New York, U.S., January 3, 2019. REUTERS/Shannon Stapleton/File Photo By David Randall NEW YORK (Reuters) -Investors are closely watching the latest news on the rapidly spreading Omicron variant https://www.reuters.com/business/healthcare-pharmaceuticals/how-worried-should-we-be-about-omicron-variant-2021-12-14 for signs of how much…

Waller: Rate hikes likely warranted at March meeting, balance sheet drawdown should follow on fast

Waller: Rate hikes likely warranted at March meeting, balance sheet drawdown should follow on fast

© Reuters. FILE PHOTO: The Federal Reserve building is pictured in Washington, DC, U.S., August 22, 2018. REUTERS/Chris Wattie/File Photo By Howard Schneider WASHINGTON (Reuters) -An interest rate increase will likely be warranted “shortly after” the Federal Reserve ends its bond purchases in March, and the central bank should also begin reducing its bondholdings as…