Japan Wage Growth Fuels BOJ Rate Hike Expectations: JPY and AUD Outlook | FXEmpire
Key Points:Japan’s wage growth accelerated to 2.5% in June, fueling speculation of a BoJ rate hike despite missing forecasts.Australia’s Ai Group Index jumped to -3.2 in July, signaling economic resilience and potentially easing multiple RBA rate cut bets.Fed speakers today may shift USD/JPY and AUD/USD via updated views on rate cuts and policy outlook into Q4.Japan Wage Data Misses Forecast – Is a BoJ Hike Still on the Table?Wage growth trends are a crucial driving force for the Bank of Japan’s