The chances of the US economy falling into deflation, a general decline in prices for goods and services, have declined to zero, according to Federal Reserve’s deflation probability indicator. Deflation looked like a done deal a month ago when the indicator was hovering at 76.3%, the highest level since 2008. And while the deflation probability indicator has normalized, the market-based measures of inflation expectations, as represented by the 10-year breakeven inflation rate, have increased to 1.67%, the highest level since January 24, according to data source St. Louis Federal Reserve. Inflation expectations had dropped to a low of 0.52 in March as stocks collapsed on coronavirus-led global recession fears. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Ethereum Price Forecast: ETH/USD respects the descending trendline, can $420 support hold? FX Street 2 years The chances of the US economy falling into deflation, a general decline in prices for goods and services, have declined to zero, according to Federal Reserve's deflation probability indicator. Deflation looked like a done deal a month ago when the indicator was hovering at 76.3%, the highest level since 2008. And while the deflation probability indicator has normalized, the market-based measures of inflation expectations, as represented by the 10-year breakeven inflation rate, have increased to 1.67%, the highest level since January 24, according to data source St. Louis Federal Reserve. Inflation expectations had dropped to a low… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.