Which is more likely in 2010: Deflation or inflation?

Filed under: Forecasts

Just call them dueling worldviews, or outlooks. In one corner is economist Joseph Stiglitz, who sees deflation as the primary threat to the U.S. economy, in the quarters ahead.

"Deflation is definitely a threat right now," Stiglitz, an economics professor at Columbia University, told Bloomberg News. "The combination of the deflation threat and the sluggish recovery should keep the Fed on hold for quite a while."

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Which is more likely in 2010: Deflation or inflation? originally appeared on BloggingStocks on Wed, 07 Oct 2009 18:00:00 EST. Please see our terms for use of feeds.

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