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Page 2 - Deflation Fears News Today : Breaking News, Live Updates & Top Stories | Vimarsana

CNN CNNI Simulcast January 6, 2015 07:02:00

economy may well and truly be coming off the wagon. so if this is our wagon, and it is literally trundling along at the moment. this is global growth. the first one, of course is the possibility of the greek elections and the possibility of a euro zone break-up. at least greased with its election on the 25th of january. the anti-austerity party is leading in the polls. if they are elected, although they say they won t take it out of the euro they are hoping to renegotiate the bailout package. that s bad enough. you have the euro zone. deflation fears have risen sharply. german inflation came in at .1%. it is almost on the verge of deflation. with that in mind euro touched a nine-year low against the dollar. $1.19. oil prices a full blown crisis

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