Deflation
Subtitle: What Happens When Prices Fall
Publisher: Collins
Published: May 11, 2004
Language: eng
Format: Hardcover
Number of pages: 240
ISBN-13: 9780060576455
Subjects: Reference - General; Economics - General; Deflation (Finance); Business & Economics; Business / Economics / Finance; Business/Economics; Finance; Econometrics; Economic Conditions; Business & Economics / Economics / General
First sentence: May 6, 2003, was an extraordinary day in Washington, D.C. The Federal Reserve held its Federal Open Market Committee (FOMC) meeting in its two-storied chandeliered board-room at the central bank' white marble temple on Constitution Avenue.