Understanding deflation

Tao Wu ()

FRBSF Economic Letter, 2004, issue apr2

Abstract: This Economic Letter examines the distinct features of deflation, discusses why it is a matter of concern to the public and to policymakers in general, and looks at the recent experience of the inflation and deflation in the U.S. and other countries.

Keywords: Prices; Monetary policy; Deflation (Finance) (search for similar items in EconPapers)
Date: 2004
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