Financial Times FT.com

Bradford and Bingley

Prices falling but inflation fears remain at fore

By David Oakley

Published: February 9 2009 19:44 | Last updated: February 9 2009 19:44

The US economy is expected to experience an overall fall in prices this year for the first time since 1955, the world is in the grip of a severe recession and the oil price is 70 per cent below its peaks of last year.

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