Japan finance minister Aso:
- Not aiming to weaken yen, aiming to get of deflation
- Raising the sales tax would earn global trust in Japan (important to proceed with sales tax plan as scheduled – would maintain trust in JGB market)
- Ministry of Finance will continue to communicate with markets, to make sure bills and JGBs are auctioned smoothly
(Aso speaking in Tokyo)
Aso knows all about being smooooth ….