Posts Tagged ‘deflation’
Despite the stubbornness of consumer price index inflation–the measure relevant to the conduct of the Bank of England’s monetary policy–to drop speedily, the Governor and a few of his colleages fear that the inflation risks are stacked on the downside. Deflation itself is not mentioned in the monetary policy committee’s August minutes, nor in the [...]
Core inflation rate fell in September to a record 2.4pc, than at any other in the country’s lost decade, but also fell. A rising yen knife further distorted. Currencies against the euro rising against the dollar 27pc, and 43pc against sterling since mid-2007 22pc.
Hirohisa Fujii, finance, abandoned his policy of non-intervention, yesterday, saying that Japan [...]
The annual inflation rate of US disappeared last month for the first time in more than 50 years. However, the rise in consumer prices, which was pushed up by a rise of 6% in petrol costs, has saved the nation from deflation, which is when falling prices force the economy to shrink as consumers cut [...]