IMF sees 25% chance of euro zone deflation by 2015

The International Monetary Fund sees a 25 percent chance of the euro zone slipping into deflation by the end of next year, the fund's chief economist said on Wednesday

For now, the IMF is predicting low inflation in the euro zone, Olivier Blanchard told a forum in New York. But "we think that there is a 25 percent probability that we see deflation in the euro zone by the end of 2015''.

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