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The following is a chronology of major events related to the Bank of Japan’s monetary policy. February 2007 — BOJ raises policy rate to 0.5 percent from 0.25 percent. October 2008 — BOJ cuts interest rate to 0.3 percent after U.S. investment bank Lehman Brothers Holdings Inc. collapses. October 2010 — BOJ shifts to zero interest rate policy by guiding overnight call rate within range of zero percent and 0.1 percent. March 2013 — Haruhiko Kuroda becomes BOJ chief. April 2013 — BOJ introduces “quantitative and qualitative easing” as part of “Abenomics” policy mix. It vows to double monetary…

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