Dallas Fed official says deflation risk has risen

The top monetary policy advisor to the Dallas Fed president has said he and Robert McTeer agreed that the probability of deflation was "about one in four, or 25 percent".

Source: Reuters

A senior official at the Dallas Federal Reserve Bank said on Thursday that the risk of deflation in the United States has increased in recent months, with the odds now as high as one in four.

Dallas Fed Research Director Harvey Rosenblum, top monetary policy advisor to Dallas Fed chief Robert McTeer, said he and