More to play for
Many investors may be preparing to face a rise in inflation, but the prospect of deflation, caused by too early or too rapid a withdrawal of central bank support, is far more worrying, says Barclays Capital’s head of rates trading, Harry Harrison.
“Withdrawal of support is a major concern for participants in the market. If it is too early or too quick, the result could be quite dire. The danger of withdrawing too early or too fast and tipping back into recession or even into deflation is a much
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