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Deflation looms as Europe’s economic bugbear

FILE- In this file photo dated Feb. 2000, showing the banking district in downtown Frankfurt, Germany, with buildings from left: Church St. Catherine, European Central Bank, Commerzbank Headquarters, Dresdner Bank, Japan Tower, Citibank, Main Tower. On Tuesday Dec. 2, 2014, the issue of looming deflation seems the main factor driving European policymakers when they meet later this week and forcing speculation that the ECB will switch on the printing press to help the economy by injecting new money into the economy. (AP Photo/Bernd Kammerer, FILE)LONDON (AP) — It's the D-word that's pushing the European Central Bank into a corner.


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