Christine Lagarde, International Monetary Fund Managing Director, April 30, 2014 in Washington.
The International Monetary Fund sees a 25 percent chance of the euro zone slipping into deflation by the end of next year, the fund’s chief economist said on Wednesday. For now, the IMF is predicting low inflation in the euro zone, Olivier Blanchard told a forum in New York. But “we think that there is a 25 percent probability that we see deflation in the euro zone by the end of 2015”. 25 CNBC