Deflation specter continued to haunt EuroZone in March
The European Central Bank’s 1.1 trillion euro program of asset purchases, which began in March, hasn’t so far ended the EuroZone’s deflation worries
The European Central Bank’s 1.1 trillion euro program of asset purchases, which began in March, hasn’t so far ended the EuroZone’s deflation worries
So which is the scarier news?
The U.S. economy grew at a 2.6% rate in the fourth quarter of 2014. That was down from the 5% increase in the third quarter. Inflation in the EuroZone fell to an annual negative 0.6% in January–that’s deflation folks.