Look out, Japan's finance minister Aso is making some headlines:

  • Will try to limit the impact on the economy of the sales tax hike
  • domestic fundamentals of economy are solid
  • easing monetary policy would help the economy
  • but increasing the money supply does not equal more demand
  • right now the problem in the economy is lack of demand

Motegi also at it (Economy minister):

  • Japan is against any measures that reduce free trade
  • US has no plan to demand Japan curbs auto exports