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Key quotes “Won't comment on any BOJ policy steps to be taken.” “It’s up to the Bank of Japan to decide specifics of monetary policy.” “This year's wage negotiations yielding record-high wage growth so far.” “We are clearly seeing good signs in the economy such as robust corporate spending appetite.” “The government will deploy various policies so that positive momentum in wages continues.” Market reaction At the time of writing, USD/JPY is trading 0.02% lower on the day at 149.13.