At the same time, the government tried to raise demand in Japan in 1985, and did economy policy in 1986. After the Louvre Accord in February 1987, the BOJ decreased the official bank rate from 3% to 2.5%, but JPY\/USD was 140yen\/$ at that time and reached 125yen\/$ in the end of 1987. Financial and fiscal regulation led to a widespread over-valuing of real estate and investments and Japan faced a bubble at that time. The BOJ ended negative interest rates in March and raised its short-term policy rate again to 0.25% from 0-0.1% in July. Governor Kazuo Ueda has signaled the chance of raising rates again if Japan makes further progress toward meeting the central bank\u2019s 2% inflation target, as it projects.<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"

The 1997 revision aimed to enhance the BoJ’s independence, though pre-existing concerns simple and effective exit trading strategies about excessive independence and lack of accountability lingered. Article 4 of the new law emphasised the need for close collaboration between the BoJ and the government, ensuring harmony between currency control and economic policy. In 1882, inspired […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[506],"tags":[],"class_list":["post-11124","post","type-post","status-publish","format-standard","hentry","category-forex-trading"],"acf":[],"yoast_head":"\n