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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era -- Ignore unavailable to you. Want to Upgrade?

To: porcupine --''''> who wrote (1292)	2/18/1999 6:38:00 PM
From: porcupine --''''>	Respond to of 1722

Japan sets short-term rates near zero TOKYO (WSJ) - The Bank of Japan drove short-term interest rates to almost zero Wednesday, the most recent indication that it has begun a shift from conventional interest-rate policy to focus on expanding money supply. The central bank's move came a day after Finance Ministry officials launched their own attack on interest rates, announcing they will adjust the amount of bonds the government buys and issues as they expect a weaker yen.