| The US economy is experiencing disinflation, or a fall in the rate of inflation. |
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| The real problem for most companies today is disinflation, or a slowdown in the rate of price hikes. |
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| More than a decade of inflation and disinflation followed in the major developed countries and many developing countries. |
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| Disinflation makes inflationary expectations fade, leading to more disinflation, whereupon inflationary expectations fade more. |
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| There are also several specific types of price fluctuations in the economy, such as disinflation, reflation and stagflation. |
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| Real wages have declined, and disinflation is continuing with the support of currency appreciation. |
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| Do we have deflation, inflation, or disinflation in the UK economy? |
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| Backtracking on past fiscal achievements would conflict with other policy objectives, in particular the pursuit of disinflation. |
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| So far, inflation targeting has locked in low inflation rather than brought about major disinflation. |
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| First, the literature suggests that we should not expect accelerating disinflation in the presence of large output gaps. |
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| In addition, the expected moderation of wage growth is also anticipated to support disinflation. |
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| However, progress with disinflation continued to vary across individual countries. |
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| Since 2003, the disinflation process has been underpinned by a coordinated policy approach of the Slovenian Government and the Bank of Slovenia. |
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| This disinflation process was temporarily interrupted in 2000, but restarted in 2001, bringing inflation to very low levels. |
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| Relatively small increases in import prices in 2002 and 2003 facilitated the process of disinflation during these two years. |
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| Monetary and exchange rate policy was in recent years geared to disinflation. |
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| Priority has to be given to establishing short-term macroeconomic stability, based on disinflation. |
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| As high as the default rate is now, it would rise sharply if today's disinflation tipped over into destructive deflation, which increases the real burden of debts. |
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| Indeed, the entire disinflation period coincides with the abandonment of one monetary aggregate after another, as none exhibited a predictable velocity. |
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| The end result has been the same degree of actual disinflation, yet higher bond yields than would otherwise have eventuated in the absence of the speech. |
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| At the same time, monetary policy was complemented by an exchange rate policy guided by the uncovered interest parity, which enabled monetary policy to maintain sufficiently high interest rates to support disinflation. |
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| However, by the end of 2000, deteriorated market confidence in the disinflation programme led to high capital outflows, creating major liquidity problems in the Turkish financial sector. |
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| The disinflation process was supported by a shift in the orientation of monetary policy towards the achievement of price stability in the medium term. |
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| Throughout 2001 and 2002, the exchange rate policy was geared at stabilising the nominal exchange rate of the Dinar, which significantly facilitated a process of disinflation in Serbia. |
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| Real output remains below its pre-recession peak, 15m Americans are unemployed, disinflation continues, and the Europeans stand ready to provide a reinforcing gust of bad news whenever growth looks a little too healthy. |
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| That said, disinflation has tended to taper off at very low positive inflation rates, arguably reflecting downward nominal rigidities and well-anchored inflation expectations. |
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| We find that such episodes generally brought about significant disinflation, underpinned by weak labor markets, slowing wage growth, and, in many cases, falling oil prices. |
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| The considerable progress in disinflation achieved in recent years gives evidence that the foundations for price stability seem to be established in Greece. |
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| In 2009, disinflation will pave the way for household consumption to pick up gradually as from the summer in spite of the absence of any increase in purchasing power and a downturn in employment. |
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| A sharp move from stagflation in July to disinflation in October. |
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| During the Volcker disinflation, the FOMC interpreted increases in member bank borrowing as contractive because nominal interest rates initially rose. |
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| In short, the central banks' reflationary policies could in fact be the very source of the disinflation, or indeed deflation, they are trying to prevent. |
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| The prevailing disinflation and a tail risk of deflation reflect the ineffectiveness of quantitative easing to deliver the intended reflationary results. |
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| On the one hand, higher unemployment seemed to call for Keynesian reflation, but on the other hand rising inflation seemed to call for Keynesian disinflation. |
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