Word: makoto
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Dates: during 1960-1969
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...trade deficit in 1963 to what is expected to be a substantial surplus in the first quarter of this year. Because business confidence has suffered in the process, the Bank of Japan has begun to ease up, last month shaved its loan rate from 6.57% to 6.2%. Governor Makoto Usami, one of the most powerful influences on the Japanese economy, feels that the rate should soon be cut even more...