Big promises from one of the runners to be new Prime Minister:
Kato:
- sees exit from deflation on horizon
- must compile stimulus package backed by a bold supplementary budget at an early date
- stimulus package should include spending for reconstruction from the Noto earthquake and typhoon
- package should contain to prompt higher wage
Kato talks of doubling wages. Yeah, right.
This article was written by Eamonn Sheridan at www.forexlive.com.
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