Japan brought the world quantitative easing, but by today’s standards it would be rated QE-lite. Now political pressure on the Bank of Japan to weaken the yen is rising, encouraging speculation on QE max. James Mackintosh, investment editor, says there are good reasons for caution Read more
Currency wars
The Bank of Japan has surprised the markets by printing another Y10tn ($126bn) as it fights deflation, a weak economy and the currency wars.
The yen is the most important factor for investors, and its behaviour has been odd, as discussed in this morning’s Short View video. Read more
| About this blog | Blog guide |
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. 
Related columns