Ireland could suffer Japanese-style deflation

Copying British chancellor George Osborne's targeted funding of regional mortgages and loans to SMEs could help Ireland avoid Japanese-style deflation, says Guy Monson, chief investment officer of Sarasin & Partners, which manages £13.8 billion in funds.

''I don't think people should be too euphoric about cheering down the ten-year bond, Monson said, referring to the recent auction of Irish bonds which saw bond yields hit record lows, ''because it could be a sign ...