Japan's Ishiba Renews Pressure on Companies to Ramp Up Pay
JPY: Fiscal-monetary Policy Mix Moves More Supportive – ING
Japan's Coincident Index Rises, Leading Indicators Revised Down
Raising the income tax threshold, japan once again proposed a large-scale stimulus plan, and the market is increasingly believing in a rate hike in December.
Japan's individual income tax threshold will be significantly raised from the current $6,640 to $11,500. Analysts believe that this measure will inject more disposable income into the Japanese economy, easing long-term pressures such as population decline and aging. However, there are also opponents who believe that this is a reckless fiscal expansion, which may exacerbate income inequality, lead to rapid inflation, and possibly pave the way for a rate hike in December.
Nikkei May Rise on Signs of U.S. Econ Strength -- Market Talk
Japan Is Bucking The Luxury Sales Slowdown -- Barron's