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Such a move would prevent a resumption of deflation.
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He was a product of deflation.
What is the cause of deflation?
These effects of deflation depress the economy further, which leads to more deflation, and so on.
Long periods of deflation are quite rare.
Fear of deflation has loomed before.
However, he played down the threat of deflation.
It also reflects concerns about the real prospect of deflation".
Effectively, we have a lot of deflation in the system.
In April, a hint of deflation was widespread.
Greece in its second month of deflation (-0.6%).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com