Your English writing platform
Discover LudwigExact(11)
Deflation in prices of goods leaving the factory gate eased further in September, although in annual terms prices still recorded a 19th consecutive fall.
"With outright deflation in prices and wages in 2009 to 2011, this dark scenario constitutes a 1930s-like depresaysn," says the study, entitled How the great recession was brought to an end".
Indeed, home mortgage rates dropped to their lowest levels of the year in mid-June, mainly because bond investors incorrectly assumed that the Federal Reserve was about to drive rates lower to minimize the risk of a broad-based deflation in prices.
But even if the economy deteriorated further, Mr. Greenspan said, he still disputed economists who worried that the Federal Reserve had exhausted its tools for fighting potential deflation in prices or was close to losing the ability to revive the economy because interest rates had reached such low levels.
Aging beyond that point drives savings/lower spending and deflation in prices.
Deflation in prices of hard assets is excellent news for the American consumer.
Similar(49)
Then in October of 1987, the stock market crashed, causing a sudden deflation in pricing nationally, with Westchester feeling the effects of the recession beginning in 1990.
Deflation in producer prices continued, with prices falling by 0.9% over the year to May.The euro rose to a 17-month high against the dollar, hitting $0.95.
Most of the fears of a depression come from the very low inflation rates in consumer prices and outright deflation in producer prices.
"The way the index is acting," said Stuart Shinbein, senior technical editor of the index, "we don't know whether we'll drop from disinflation right into deflation; that's the ominous threat". "We already have deflation in housing prices, auto sales and stock prices," he said.
The members agreed "that there was only a remote possibility" that disinflation, in which prices increase slowly, would lead to deflation, in which prices actually decline.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com