With prices flat in the UK, and falling in much of Europe, the fear uppermost in central bankers' minds is that we'll slip into deflation bad news for heavily indebted economies.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
£150 off energy bills: millions more to get discount this winterThe expansion of the Warm Home Discount scheme follows a government U-turn on the Winter Fuel Payment. We explain who will get the £150 discount
-
Akio Toyoda takes back control of ToyotaToyota chairman Akio Toyoda once made a pledge to fulfil his grandfather’s dreams for the family business that became Japan’s first domestic carmaker. He is now making good on that promise.
