On a medium-term view (five years and beyond), expected inflation in the eurozone stands at 1.8%-1.9%, according to the various measures available. For the first time in the ECB's existence, these levels are lower than its target of 2%
As debates over the likely path of growth rates in China rumble on it is worth taking a bit of a step back and reminding ourselves as investors that the importance of GDP to equity returns is at best debatable
La richiesta di elezioni libere nel 2017 metterà pressione sul potere del Presidente cinese Xi Jinping? La percepita instabilità potrebbe condurre gli investitori internazionali verso altri mercati, come quello di Singapore?
Warnings about deflation often take on an alarmist tone, but in reality the risk of seeing developed countries enter a deflationary spiral is low. It is not so much economic stagnation as financial crises that cause consumer prices to fall