GLOBAL INFLATION IS LOW-AND FALLING

摘要

With the financial crisis now squarely in the rearview mirror, the global econo -my seems poised for a sustained-albeit historically anemic-upturn. But that doesn't mean Federal Reserve Chairman Ben Bernanke and European Central Bank President Jean- Claude Trichet can let the signs of a nascent recovery dis -tract them from the looming dangers of deflation.rnThat prospect is more real than many care to admit. Core consumer prices, which strip out volatile food and energy costs, rose by a record-low 1.5% in February from a year earlier in the 30 countries that form the Organization for Economic Cooperation & Development. And Goldman Sachs economists see core inflation falling further this year, to about 0.3% in the U.S. and 0.2% in the euro area.