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Recession and Deflation on the way ...

https://www.businesscycle.com/ecri-news-events/news-details/economic-cycle-research-ecri-an-economic-truism-recession-kills-inflation

. So, even though a U.S. recession is not yet at hand, a 2016 recession could push down already-low G7 CPI growth into deflationary territory – at a time when the world’s central banks are out of ammunition.

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