Has an accidental currency war erupted?

Even the most stability obsessed countries have made unexpected economic moves, but barriers to growth remain largely unaddressed - and central banks cannot tackle them alone

Six and a half years after the global financial crisis, central banks in emerging and developed economies are continuing to pursue unprecedentedly activist - and unpredictable - monetary policy. How much road remains in this extraordinary journey?

If weak demand and high debt were the only factors, the latest round of monetary stimulus would be straightforward