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Business, general

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Hosokawa unveils new stimulus plan

Article Abstract:

Japanese Premier Hosokawa introduced a $58-billion economic plan on Sep 16, 1993. The plan included funding for business incentives, public works and low-interest housing loans. The Nikkei stock average fell 2.1% after Hosokawa's announcement.

Publisher: Facts on File, Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1993
Economic aspects, Japan, Bank of Japan, Nikkei Dow Jones Industrial Average, Hosokawa, Morihiro

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German central bank cuts its key interest rates

Article Abstract:

The Bundesbank lowered its Lombard rate to 9% and its discount rate to 8% on Feb 4, 1993. Austria, Belgium, France, Ireland, the Netherlands and Sweden responded by lowering their interest rates.

Publisher: Facts on File, Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1993
Germany, International aspects, Interest rates, Deutsche Bundesbank

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Subjects list: Economic policy, Central banks
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