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To: Richnorth who wrote (6418)	1/21/1998 3:50:00 PM
From: Alex	Respond to of 116759

Rubin sees low probability of U.S. deflation WASHINGTON, Jan 21 (Reuters) - U.S. Treasury Secretary Robert Rubin on Wednesday said a cycle of falling prices, or deflation, was unlikely to occur in the United States. ''That is a very, very low probability event,'' Rubin said in response to a question following a speech at Georgetown University. Regarding the U.S. trade deficit, the Treasury Secretary said a worsening of it can be expected because of Asia's financial troubles. ''Clearly, our trade balance is going to deteriorate for a while,'' he said.