Financial Times FT.com

The Short View: Japanese scenario?

By John Authers, Investment Editor

Published: February 6 2008 20:06 | Last updated: February 6 2008 20:06

Is the US turning Japanese? The market really thinks so.

A logical response to a huge – and largely unanticipated – easing in monetary policy, as happened last month, would be to increase expectations for inflation.

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