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| June 4, 2003 | Wednesday | Rabi-us-Sani 3, 1424 |
US deflation
BERLIN, June 3: The probability that the United States economy could be facing deflation is low, US Federal Reserve Chairman Alan Greenspan told the International Monetary Conference here.
Deflation in the US was a “low probability event,” Greenspan said in comments relayed to the conference via direct satellite link.—AFP
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