Articles in Headline
Deflation Arrives in the UK but “Avoided” in US?
Two contrasting statements are hitting the front pages today. On one side of the Atlantic, deflation has arrived in the U.K. High Streets. A report from British Retail Consortium (BRC)-Nielsen Shop Price Index shows that …
Feds Vow to Control Deflation
Officials from the Federal Reserve and the European Central Bank say that they are ready to do whatever it takes to control deflation. Deflation is a reduction in the money supply. The effects include lower …