A joint press briefing from Koichi Hamada (adviser to PM Abe) and Kozo Yamamoto is a Japanese Liberal Democratic Party politician.
Hamada brought the smoke machine. Yamamoto brought the mirrors.
Hamada:
- Japan's economic fundamentals are sound
- Low oil prices good for Japan
- Should not raise sales tax as planned
Yamamoto:
- US Fed is 'absolutely against FX intervention but would agree to monetary easing
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These two giving a joint press briefing, overshadowed somewhat though byt the big beat on GDP data