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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (66106)2/9/2001 4:51:31 AM
From: Don Lloyd  Read Replies (2) of 436258
 
hb -

DB 04:23 JAPAN'S GOVERNMENT SAYS BANK OF JAPAN RATE CUT WILL HELP ECONOMY - REUTERS.
DB 03:54 YEN LITTLE MOVES VS DOLLAR AFTER BANK OF JAPAN'S ODR CUT ANNOUNCEMENT.
DB 03:51 BANK OF JAPAN CUTS OFFICIAL DISCOUNT RATE BY 0.15POINT TO 0.35%.
DB 03:48 BANK OF JAPAN CUTS OFFICIAL DISCOUNT RATE TO 0.375% FROM 0.5%.

While backwards economies like the US are stuck with minimum 1/4 point rate changes, Japan has listened to the SEC and fully embraced decimalization of interest rate changes as it fine tunes its gangbusters economy.

Regards, Don
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