It appears that the ECB have won the war on inflation and are expected (by speculators) to begin tapering back in September. The Bank of Japan had no such luck.
bank of japan
As the Trump reflation trade dwindles and the US president finds himself entangled in a flurry of controversy.
Japan is currently undergoing one of the most significant central bank policy reconstructions in recent times. The Bank of Japan are ambitiously striving for 2% inflation while broadly expanding their balance sheet in an attempt to tackle long-term deflation.