- to bring it below 30% as soon as possible
Reuters reporting the vice econ min comments a few moments ago
- says economy in line with expectations
- govt and BOJ ready to respond appropriately to risks
- hopes exports will pick up but overseas risks continue to centre on emerging markets
- gains in base wages and bonuses to offset sales tax hike impact and support consumption/broader economy ahead
- says the gap between US and Japan in trade talks is narrowing, aiming to reach broader TPP agreement early
USDJPY still 101.32 off its 101.25 lows.