There's Still A Real Risk We'll Careen Into Deflation And Turn Japanese

CPI Y/Y ChangeYear-Over-Year Change In The CPI: Headline = Blue, Core = Red

Photo: Northern Trust

First, a tale of dueling headlines:WSJ: Flat prices bode well for economy

FT: Prices fall in spite of stimulus measures

The FT gets this right: falling inflation is a worrying sign, not good news.

Continue reading at the NYT ยป

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