USUALLY IT'S INFLATION--RISING pric...
USUALLY IT'S INFLATION--RISING prices--that worries the Federal reservation Board. Not right now. After its May meeting onward monetary policy and interest rates, the F alluded to the economy's ongoing weakness and "the probability of an unwelcome, substantial fall in inflation" or deflation.
"Deflation is a disquiet because if it does befall it will be devastating," explains Celia Chen, director of
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