Deflation Looms as Europe's Economic Bugbear

December 2, 2014 2:12 PM

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But it's not debt ? Europe's main economic problem in recent years ? that is driving speculation the ECB will switch on the printing press to help the economy.

At first glance, deflation, which is generally defined as a sustained drop in prices, sounds good ? getting goods cheaper surely warms the heart of any consumer.

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