'Abenomics' architect predicts Japan to go ahead with sales tax hike
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TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe will likely proceed with a scheduled sales tax hike in October even though slowing global demand and soft wage growth could weigh on the economy, one of the architects of the premier's stimulus policies said.Kozo Yamamoto, a senior ruling party lawmaker with close ties to Abe, also said there was not much more the Bank of Japan can do to jump-start the economy under its current policy framework that targets interest rates."It was a mistake,"..