Europe News

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

Christine Lagarde
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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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