Japan finance minister Aso:

  • No change to view that economy is recovering moderately
  • No plan to submit extra stimulus budget in Autumn Diet
  • Declines to comment on FX level
  • Cannot cut the corporate tax without permanent replacement revenue
  • Europe is escaping from financial crisis
  • Europe won’t achieve growth without price stability

“Europe won’t achieve growth without price stability” … K … you listening to this, Europe?

He has moar …:

  • Wages aren’t something the government decides
  • best if wages are set by labor and management talks

Headlines on Bloomberg

Aso gangster

Also, from Japan chief cabinet secretary Suga:

  • Will make all efforts to strengthen growth
Japan chief cabinet secretary Suga: