TOKYO: Bank of Japan policymakers expressed confidence their aggressive monetary stimulus was working and urged the government to promote fiscal reforms to keep unwelcome bond yield rises in check, minutes of the central bank's August rate review showed.
Prime Minister Shinzo Abe is expected to decide in early October whether to proceed with a planned two-stage hike in the sales tax from next year, seen as a key first step to rein in Japan's ballooning public debt.
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