Bank of Japan declares window guidance abolished

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• Princes of the Yen whole source · open book

  No wonder Bank of Japan Banking Department’s chief, Tamura, had to emphasize in 1991 to the press that “this time” the abolition was for real and that “in the future, window guidance will under no circumstances be re-instituted.”

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• Richard Werner author of the source

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• Princes of the Yen: Japan built, bubbled, and broken step 208
• The Bank of Japan's window-guidance machine step 50

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