Friday, 6 August 2010

Moneynews


Breaking News from Moneynews.com


Pimco's El-Erian: Chance of US Deflation Is 25 Percent
The risks of the U.S. economy entering a double-dip recession and falling into deflation may now be around one in four, the chief executive of Pimco, the world's biggest bond investment manager, said on Thursday.
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