Could the wheels be falling off Abenomics, as Japan boosts QE? Diana Choyleva, head of macroeconomic research at Lombard Street Research, says Yes. The wheels haven’t fallen off Abenomics, but Japan is careering towards a dangerous mix of inflation and no growth. The last thing it needs is more QE, which will debase the yen and feed directly into inflation. Deflation in Japan isn’t the disease but [...]
