Japan Joins the 'QE' Bandwagon—But Will it Work?

Japan is following the U.S.'s lead on easy money, but it may not be very effective

January 22, 2013 RSS Feed Print

Japan's central bank is focusing on short-term assets that will mature quickly.

"Whether it's the Bank of Japan, the Fed, the ECB, or the Bank of England, the question is, would things have been worse if they hadn't tried it?," says Brian Jacobsen, chief portfolio strategist at Wells Fargo Advantage Funds. "We know what did happen, but what we don't know is what would have happened had they not done this."

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