Your English writing platform
Discover LudwigExact(10)
They deployed QE to fend off deflation.
But the weaker dollar will help to fend off deflation.
The SNB must now find a new way to fend off deflation.
A radical, last resort scheme to boost economic demand and fend off deflation and recession.
And there is no other large economy working to provide inflationary pressure, to voluntarily overheat to fend off deflation and ease adjustment in other economies.
Instead, they slashed interest rates and used unconventional monetary stimulus such as quantitative easing in an effort to fend off deflation (a scourge of the Depression).
Similar(49)
Fending off deflation may be the ultimate test for Draghi as ECB president.
One answer, Mr. Hatzius says, is another round of stimulus spending by Washington to fend off the deflation risk he worries about.
But much of the blame for the slump lies at home: namely, the failure to clean up the banks after 1997-98 and the failure to make timely use of fiscal and monetary policy to fend off incipient deflation.
Several European central banks have resorted to negative interest rates to fend off the threat of deflation, but Weber warned of the danger of side effects.
Such low inflation rates hint that the Fed has more room to stimulate the economy and could conceivably justify even more QE in order to fend off the risk of deflation.
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