«Textbook theory dictates that a rise in wages will tend to stimulate household spending, thereby
generating upward pressure on prices and, by extension, interest rates,» says Koichi Sugisaki, Morgan Stanley's interest rates strategist for Japan.
Not exact matches
Over time, the stronger global environment could also
generate further
upward pressure on commodity
prices and hence manufacturing costs, and
on traded goods
prices more generally.
The global pick - up in demand and activity has
generated strong
upward pressure on a range of commodity
prices over recent months, notably for oil, gold, base metals and a number of rural commodities.