Jamie Dimon warned that a crack in the bond market is “going to happen” after the US government and Federal Reserve “massively overdid” spending and quantitative easing.

For years, critics of Quantitative Easing (QE) have argued that it would eventually lead to runaway inflation, with central banks “printing money” and flooding financial markets.

Traders are winding back bets on aggressive monetary easing by Australia in a cascading effect from the US and China agreeing to temporarily lower tariffs on each other’s products.

Tell us how AI is shaping your news experience. Share your feedback Inflation is easing across Asia as lower food and fuel prices and stronger local currencies against the dollar push down costs.

FACTBOX - Bank could start quantitative easing next month By Reuters February 11, 20096:46 AM PSTUpdated February 11, 2009 ...