CapEcon: The Threat Of Deflation Has Gone….For NowRupert Hargreaves
At the beginning of 2016, the threat of deflation stalked the markets as global economic growth appeared to be slowing and falling oil prices dragged down consumer prices across the board. Also, fears that China would pursue a substantial devaluation of the renminbi and unleash a wave of deflation on the world economy have faded.
However, since the beginning of the year, fears of deflation have eased as oil prices have rebounded and growth has stabilised, but this hasn’t improved . . .
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