Call rate lowered to near zero

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• Princes of the Yen whole source · open book

  The lowering of the overnight call rate to about 0.3 percent in September 1998 coincided with a drop in ten-year government bond yields to 0.7 percent.

  chapter: Appendix: Japanese Fiscal and Monetary Policies in the 1990s

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• Richard Werner author of the source

Appears in 2 stories

• Princes of the Yen: Japan built, bubbled, and broken step 271
• The lost decade: credit crunch, stimulus, and broken banks step 21

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