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Japan PM contender Kato wants folks to have higher wages

Big promises from one of the runners to be new Prime Minister:

Kato:

sees exit from deflation on horizonmust compile stimulus package backed by a bold supplementary budget at an early datestimulus package should include spending for reconstruction from the Noto earthquake and typhoonpackage 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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