| 31. | "It's not clear whether we are in deflation or disinflation, " said Fukui.
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| 32. | Most important of all to the disinflation cause is the unwavering commitment of the Federal Reserve under Alan Greenspan.
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| 33. | Not so, argue the Fed economists in a paper explaining their " opportunistic disinflation " theory.
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| 34. | And a money manager in the audience got up and said, ` Why do you talk of disinflation?
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| 35. | The bond market is much quicker responding to inflation and disinflation than the politically based Fed could ever be.
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| 36. | "I don't know at what point welcome disinflation might morph into unwelcome deflation,"
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| 37. | It said the decline in prices, which has led to concern about disinflation in Japan, is gradually decelerating.
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| 38. | The Labor Department's Bureau of Labor Statistics, which compiles the Consumer Price Index, sees mainly disinflation.
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| 39. | "I'm not worried about disinflation in the U . S ., " she said.
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| 40. | Well before the events of the'80s, scenarios of disinflation had become standard exercises in the macroeconomics textbooks.
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