The Federal Reserve, by not cutting interest rates, is risking the creation of a deflationary downturn called a Kindelberger Spiral, a leading bond manager says. The concept comes from a famed ...

The stubborn inflationary pressure that kept the Federal Reserve in abeyance until earlier this month could be a thing of the past but another risk could supersede it, an economist said on Monday.

Note: The core consumer price index (CPI) is the key indicator the Bank of Japan uses to measure inflation. Core CPI strips away the effect of volatile fresh food costs. The figures from Apr. 2014 to ...