ECB’s Lagarde Expects Disinflation as Crisis Transforms Economy

(Bloomberg) — European Central Bank President Christine Lagarde said the euro zone faces about two years of downward pressure on prices, but could see a turnaround after that because the coronavirus crisis will accelerate the transformation of the economy.The ECB head said in a webinar on Saturday that
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Japan Inflation Hovers at Two-Year Low as BOJ Easing Talk Grows

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Japan’s key consumer prices continued to rise at the same pace in July, amid increasing speculation that the Bank of Japan may ramp up its stimulus as early as next month.Prices excluding
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