Inflation or Deflation? For Interest Rates, It Matters
Sunday Gazette-Mail › January 05, 2004
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Summary
NEW YORK - No sooner did the Federal Reserve seemingly back away from its worries over deflation than new economic data revealed that core consumer prices fell this fall for the first time in 21 years.
That's making it all the more tricky to figure out where prices are heading next - and which direction they go matters because prices are sure to have a big influence on the Fed's next move with interest rates.See the full content of this document
Extract
Inflation or Deflation? For Interest Rates, It Matters
An upturn in prices could mean rates will rise soon, while signs of falling or stable prices could keep them low for some time.
Confused yet? Don't worry, even economic experts ...See the full content of this document
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