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BofA: The World Is Developing A Disinflation Problem

Monday, April 15, 2013 - 7:32 AM
Critics of sustained easy monetary policy in the United States often cite the potential for a surge in inflation down the road.

The real problem right now though, according to BofA Merrill Lynch economist Ethan Harris, is actually the opposite – disinflation (positive, but falling inflation rates).

"For central banks," many of which have a 2 percent inflation target, says Harris, "this increases the pressure to maintain super-easy monetary policy."

Disinflation Problem Around The World - Business Insider

Note: When one clicks on the article above, it's apparent Business Insider didn't properly proof-read the title prior to it's posting.
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