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searching for Louvre Accord 2 found (45 total)

Japanese asset price bubble (6,897 words) [view diff] exact match in snippet view article find links to article

1987): Official discount rate cut from 3.0% to 2.5% in accordance to Louvre Accord (February 22, 1987) [7] BOJ signalling possible monetary tightening

Bank of Japan (3,470 words) [view diff] exact match in snippet view article find links to article

However, the market was confused about the rapid fall of USD. After the Louvre Accord in February 1987, the BOJ decreased the official bank rate from 3% to