| 41. | Disinflation differs from deflation in that prices aren't falling, but merely rising at a relatively slow pace.
|
| 42. | So, it wouldn't take much to transform disinflation _ progressively smaller price increases _ into declining prices.
|
| 43. | As for disinflation, don't confuse it with deflation, which is an actual decline in the price level.
|
| 44. | Gramley said the " opportunistic disinflation " theory laid out in the staff paper isn't really new.
|
| 45. | It said the recent decline in prices, which has led to concern about disinflation in Japan, is gradually slowing.
|
| 46. | Given the strength of the domestic economy, I would not be betting very highly on a disinflation or deflation scenario.
|
| 47. | But, as the doubters point out, Japan has recently discovered how hard it is to break the momentum of disinflation.
|
| 48. | That report, called " The Opportunistic Approach to Disinflation, " might indicate the Fed won't tighten.
|
| 49. | If anything, there are signs of disinflation-- or even deflation-- as prices for some goods are falling.
|
| 50. | The United States hit the peak of inflation around 1980, so we have been experiencing disinflation for about 17 years now.
|
