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BOJ Shirakawa: Japan economy hurt by yen rise, deflation
Bank of Japan Governor Masaaki Shirakawa said on Monday that he acknowledges that the economy is in a severe situation due to deflation and a strong yen, signalling the central bank’s readiness to offer further monetary stimulus if Japan’s fragile economic recovery is threatened. The Fed’s pledge… read full news Published: Mon, 06 Feb 2012… »
Europe Starts Deflating – US-FOREX.US
While inflation in the United States and Britain is slipping, it’s seriously sliding in Europe, to the point where economists can add the “negative” sign to the region’s latest inflation numbers and label the situation as “deflationary.” Eurostat confirmed on Wednesday that consumer prices in the euro zone had moved into deflation territory in June,… »
Deflation Vs. Disinflation – US-FOREX.US
A big slide in the rate of British inflation might have looked worrisome on Tuesday if signs of deflation are what’s spooking you-but there may be little need to fret. U.K. consumer prices fell to 1.8% in June, below the Bank of England’s target rate of 2% for the first time in nearly two years…. »
