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The Bank of Japan on Tuesday refrained from boosting stimulus even after the economy shrank in the last quarter, betting that a resumption in growth will be enough to rekindle inflation.

The move by Gov. Haruhiko Kuroda and his colleagues leaves the onus on Prime Minister Shinzo Abe’s government to compile a stimulus package to boost what evidence indicates is a lackluster recovery in the second half of the year so far.

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