Hermes Investment Management

2019 Top 400 ranking: 240https://www.hermes-investment.com

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Q4 Economic Outlook: Learning To Live With Deflation...

In his latest Economic outlook, Neil Williams, Senior Economic Adviser to Hermes Investment Management, argues that Japan-style deflation is becoming an increasing possibility elsewhere. While it may not involve a general downturn in living standards – Japan after all remains a prosperous G3, $5trn economy (almost twice the UK’s) – the main challenge would be the shift in mind-set needed to live with it.

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