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Ex-Bank of Japan chief Yasuo Matsushita dies at 92
Former Bank of Japan Gov. Yasuo Matsushita, who led the central bank during the country’s financial crisis of the 1990s, has died, his family said Tuesday. He was 92. The date and cause of death were not immediately clear. Matsushita was known for cutting interest rates to historic lows in an attempt to aid recovery from the collapse of the asset-inflated bubble economy of the late 1980s and early 1990s. Born in Kobe on Jan. 1, 1926, Matsushita studied law at the University of Tokyo before beginning his professional career at the Ministry of Finance at age 24. He remained there for more than three decades, moving ... (full story)