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Economy

Japan's cheap money addiction set to deepen under Kuroda's second term

The BOJ's path to normalization will become harder as dependence grows

Bank of Japan Gov. Haruhiko Kuroda is expected to secure another five years at the central bank's helm.

TOKYO -- Amid stalling inflation and ballooning government spending, the Japanese government is growing more dependent on the Bank of Japan's colossal monetary easing policy engineered by Gov. Haruhiko Kuroda.

The government's nomination of Kuroda to another five-year term Friday signals that his stimulus campaign will continue for the time being. 

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