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Fischer Sees No Deflation Risks as U.S. Rebound Beats Forecasts

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NO DEFLATION HERE
" Bank of Israel Governor Stanley Fischer, a former top official at the International Monetary Fund, said advanced economies don’t face a deflationary threat and the U.S. economy is rebounding faster than anticipated," according to Bloomberg. "Rising commodity costs and gains in global demand will prevent a downward spiral in consumer prices without sparking a surge in inflation, Fischer said in an interview in Washington yesterday. The U.S., U.K. and Canadian economies are growing quicker than was forecast when the global recession took hold, he said."
SOURCE:   Bloomberg

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