Weapon of Last Resort ECB Considers Possible Deflation Measures

Though the European Central Bank continues to play down deflation concerns, it is preparing measures to combat falling prices in the event of an emergency. Are the growing fears warranted?
A market in Oviedo, Spain. Is Europe threatened by falling prices?

A market in Oviedo, Spain. Is Europe threatened by falling prices?

Corbis
Translated from the German by Charles Hawley and Daryl Lindsey
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