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Amid signs of trouble, Abe rules out stimulus for now
Despite signals that the Japanese economy is flagging, Prime Minister Shinzo Abe intends to keep pump-priming measures off the table for the time being to focus on swift passage of the fiscal 2016 budget. That strategy was confirmed when Abe met with Natsuo Yamaguchi, head of junior coalition partner Komeito, at the prime minister's office on Wednesday. "Let's focus on passage of the budget before the end of the current fiscal year," Abe told Yamaguchi, adding that Japan will "deepen international collaboration" through the upcoming meeting of Group of 20 finance ministers and central bank chiefs and the Group of ... (full story)