Deflation

Economy & Business

Beacon-omics 101: What's next? 0.00 percent interest rates?

Mary Delach Leonard

This article first appeared in the St Louis Beacon, Dec. 17, 2008 - The Federal Reserve's decision to cut an important interest rate to a record low of…
Economy & Business

Beacon-omics 101: What is deflation -- and why is it a bad thing?

Mary Delach Leonard

This article first appeared in the St. Louis Beacon, Nov. 24, 2008 - While falling gas prices and holiday retail bargains may be welcome news to…