disinflation

"The point is that disinflation would produce much the same result."

Thus the prices would fall over a period of time leading to disinflation.

This will help us get back on course to gradual disinflation.

Prices are still rising during disinflation, but at a lower rate.

Disinflation takes place only when an economy is suffering from recession.

No a drop in the rate of inflation is disinflation.

Not the nice disinflation we've just had, of prices slowing.

The current situation, while similar in its narrow focus, is driven by disinflation.

"Disinflation has been a worldwide phenomenon for several years," he said.

Disinflation, then, is the effect, not the cause, of a more productive labor force.

As the stock price recovery in 1877 proves, companies can adjust to disinflation.

Conversely, these sectors usually perform better in a disinflation environment.

Therefore, the central bank should go for fast disinflation.

To fully understand disinflation we need to first understand inflation.

Disinflation is the reduction in the general price level in the economy but for a short period of time.

The disinflation process will, however, not be smooth sailing.

I would say instead that "our disinflation and prosperity are the result of advances in labor productivity."

It is the opposite of disinflation, which seeks to return the economy back down to the long-term trend.

"Going forward we will see much lower inflation as the disinflation working its way through the system begins to appear in core measures."

"One is that secular disinflation is alive and well," he said.

As a result, opportunistic disinflation has become outmoded, if not irrelevant.

But the argument closes with this remark: "Our prosperity is a result of disinflation!"

"Despite recent disappointments, we think the general trend toward disinflation is extremely well intact."

The distinction needs to be made, or else one might draw the wrong conclusion - that the Fed should follow a policy of disinflation.

The deficit, in other words, far from being a source of inflation is a result of more disinflation than the Government expected.