It may not be the most urgent problem facing the European Central Bank, but as Mario Draghi slaves away on his plan to save the euro – missing out on the hospitality of the US Federal Reserve’s Jackson Hole symposium – one goal must be to find a snappy name.
Central bankers are terrible at it, but central bank watchers quickly converted the dull “quantitative easing” from the Fed and Bank of England into QE and then QE2 (and there’s an outside chance of QE3 being hinted at in the US this Friday). Read more
James Mackintosh is the Financial Times' Investment Editor, writing and presenting the daily Short View column and video. In 16 years at the FT his posts have included comment editor, motor industry editor and hedge funds correspondent, as well as spells in the Parliamentary lobby and Paris. He was the first reporter hired for FT.com, joining two weeks before it launched.
John Authers is the Financial Times' Senior Investment Columnist, writing the Saturday Long View and a regular Monday column. In a 22-year career at the FT, his previous posts have included global head of the Lex column, investment editor, US markets editor, Mexico City bureau chief and US banking correspondent. His latest book is The Fearful Rise of Markets. 