OECD Global Inflation Rate Falls Further

The annual rate of inflation across the world’s largest economies fell for a third straight month in October, a development that suggests central banks may have to provide more stimulus, or at least not withdraw existing stimulus, to avert the threat of deflation.
The Organization for Economic Cooperation and Development said the annual rate of inflation in its 34 developed-country members fell to 1.3% from 1.5% in September, while…

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