Rathbones' Coombs: The dilemmas for the BoJ

Withdrawal of QE could cause 'considerable fallout'

Sometimes, it is easy to forget that Japan remains one of the largest economies in the world.

Back in the 1980s, it appeared set to overtake the US as the global economic leader. Then the bubble burst in the early 1990s and the country fell into an economic stagnation of low growth and deflation that lasted 20 years.  Still, as crippling as deflation was, it did not damage Japanese society or its businesses as much as runaway inflation has in other parts of the world.  Tcam plans to launch Japan-focused value fund The post-war ‘Economic Miracle' that drove Japan to become a leading modern nation also gave birth to conglomerate empires that gobbled up operating companies....