The result was an end to
deflationary expectations, leading to the most impressive swing the country has ever seen from horrible contraction to rapid growth.
«Deflation won't be eradicated unless the BOJ sets a clear price - stability target of around 2 percent and eliminates
deflationary expectations with relentless monetary easing.»
Not exact matches
If the global recovery were to fall short of current
expectations, prospects for the Australian economy would be adversely affected and global
deflationary forces could gain momentum.
From early May to mid June, domestic bond yields followed global yields lower on concerns about potential
deflationary pressures in the US and related
expectations of easier monetary policy abroad and in Australia.
That trend towards higher inflation
expectations continued into U.S. inflation
expectations, indicating that the ECB QE announcement, and coincident with tentative signs of stabilization of oil prices, may mark the low point of
deflationary fears driving global interest rates to new lows.