Abe's massive bond-buying experiment raises inflation genie

Japan Tokyo's struggles to pull off its vaunted three arrows reform strategy must sound alarms in troubled Europe too.
 
When Japan's central bank governor, Haruhiko Kuroda, stunned financial markets last weekend with his announcement of another massive stimulatory round of quantitative and qualitative easing (QQE) the immediate reaction was, would it mean the
outbreak of a currency war?
 
The yen fell to a seven-year low in the wake of the bank's decision.
 

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Max Walsh

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Max Walsh was for many years one of Australia’s top economic and political commentators, highly regarded as a journalist, author and broadcaster. Throughout his career, Max was involved in all dimensions of the media industry, which has encompassed positions with two of Australia’s largest publishing companies and television networks.

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