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Japan’s new economy minister, Ryosei Akazawa, emphasized the importance of aligning the timing of changes in the Bank of Japan’s monetary policy with the government’s goal of ending deflation. In a press conference, Akazawa highlighted the significance of ensuring that monetary policy adjustments coincide with tackling deflation, increasing wages, and promoting investments. He also mentioned that both Prime Minister Shigeru Ishiba and BOJ Governor Kazuo Ueda share this perspective.

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