BoJ announces abolition of window guidance controls

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• Princes of the Yen whole source · open book

  In December 1981, the central bank announced that window guidance controls would be abolished beginning in January 1982. Instead of dictating loan growth quotas to the banks, the BoJ said it was going to “respect” their lending plans.

  chapter: 12. At the Trigger of the Gun

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• Richard Werner author of the source

Appears in 2 stories

• Princes of the Yen: Japan built, bubbled, and broken step 147
• The Bank of Japan's window-guidance machine step 36

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