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Outside the Box: The real worry isn’t prolonged inflation — it’s deflation

The most recent headline CPI came in at 9.1% so it might seem odd to think that the risk of disinflation and deflation is rising.

But while the CPI is a rearview-looking indicator, many forward-looking indicators are starting to tell a very different story – a story of falling demand and falling prices.

The economic and inflation story of…

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