Argentina is experiencing a solid recovery from last year's recession and, even in the face of planned fiscal consolidation and ongoing efforts at disinflation
, growth is expected to consolidate in the coming years.
However, we remain concerned about another set of potential drivers for higher yields: better US data surprises, fading food disinflation
, and higher oil prices.
The central bank continues its clear anti-inflationary bias to ensure the disinflation
process continues toward the goal of a 12 percent to 17 percent inflation rate for 2017.
The Richmond Feds latest Economic Brief challenges the standard narrative of the causes of the disinflation
that occurred under former Federal Reserve Chairman Paul Volcker.
In addition, we expect some ongoing headwinds from our value strategy and disinflation
In this situation the disinflation
trend is very rapidly coming to an end.
Interest-rate cut "China's inflation is also declining, so we need to be vigilant to see if the disinflation
trend will continue, and if deflation will happen or not.
HARARE (CyHAN)- Zimbabwe is not experiencing deflation but disinflation
, with the sustained reduction in inflation due to price correction in the market, the Reserve Bank of Zimbabwe (RBZ) said Wednesday.
However, when you also consider that oil exports only represent around 25% of the Canadian GDP (less than other oil export reliant nations) it also goes to show there is likely another concern behind the RBC's shift in monetary stance and this is proving to be a global concern for central banks -- disinflation
Addressing a meeting of Cardiff Breakfast Club he said on balance that the fall in oil prices, while there were concerns over disinflation
or deflation, would have a positive impact on the UK economy as it would give further impetus to improved living standards - further boosting a key pillar of the UK recovery in consumer spending.
The price of oil, of which Asia is a net importer, has halved in less than six months, driving bond yields down across the region, from India to South Korea, as markets anticipate looser monetary policy to accommodate the resulting disinflation
While Japan and other G7 members - as well as China, Russia and other BRICS states - have followed the US lead into monetary easing to avert disinflation
or deflation, meanwhile, the orthodox Germans are still strongly opposed to a European Central Bank (ECB) use of such "tools for a descent towards an artificial economy".