Some economists see falling CPI as a recession warning

06/18/2010 | Christian Science Monitor, The · · Yahoo!

A falling consumer price index is showing up in the U.S. and other wealthy economies, raising the specter of a second dip into recession, analysts said. "Disinflationary and deflationary pressures among the major industrialized countries are gaining momentum," said Brian Bethune, an economist at IHS Global Insight. Meanwhile, the U.S. Labor Department reported that first-time jobless claims remained at a high level last month.

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Christian Science Monitor, The · · Yahoo!