The big fiscal stimulus enacted this month by Mr Abe will get Japan part way towards his 3 per cent nominal growth target, but advisers to the government say the BoJ needs to pull its weight too.

CNN: Bank of Japan bows to inflation pressure

After eight years of threatening punitive action to compel appreciation of the Chinese currency at a pace deemed acceptable by U.S. politicians (a period, by the way, in which the Yuan appreciated by 30% against the dollar in nominal terms and by much more in real terms), lawmakers may just pull the trigger this time.

FORBES: China Currency Measure Is A Desperate Mistake