LOW-FLATION

The 12 most important economic charts of the week

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All eyes continue to be on Europe this week after the Swiss National Bank shook things up. An ocean away, the US economic recovery continues.

The Swiss National Bank cut its key interest rate for the second time in a month…

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…and unpegged the franc from the euro

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Oil prices are still falling, though not as quickly

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The International Energy Agency cut its outlook for oil production amid falling demand

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Inflation is still slowing in the US as energy prices plummet

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…as it is in the UK

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Meanwhile, Europe is dealing with deflation

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The Chinese trade surplus is growing

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US retail sales cooled off in December despite all the cheap gas

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There were almost as many US job openings in November as at any point this century

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US consumers are feeling pretty good

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And so are US businesses

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