WASHINGTON — Most economic forecasters believe near-term deflation and long-term inflation are the greatest risks to the U.S. economy, according to a survey by the National Association for Business Economics released Monday.

The Economic Policy Survey, taken from July 30 to Aug. 10, also revealed that just under 50% of the 242 respondents fear the Federal Reserve will begin tightening monetary policy "too late." They all expect 2011 to be difficult for countries such as Greece and Spain, with most expecting that one or more nations will be forced to restructure their debt or to call on an outside funding source.

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