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BOJ's Stimulus Phase-Out Delay
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Bank of Japan board member Toyoaki Nakamura suggests more time to phase out stimulus due to Japan's economic recovery, tight labor market, and stagnant real wages. He warns of global uncertainty and emphasizes the importance of next year's wage talks.
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How might the delay in phasing out stimulus impact Japan's economic recovery and labor market?
How might the importance of next year's wage talks influence the Bank of Japan's monetary policy decisions?
What are the potential implications of global uncertainty and inflationary pressure on Japan's economy?
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