First, interest rates, and financial conditions more broadly, remain favorable to growth. It is considered extremely bad form to introduce new data in the conclusions. Incoming data show that, alongside the strong job market, the U.
All legends should be within the graph area, not beside it. Based on the results, how could the experimental procedure be improved?
Therefore, any conclusions should be based on observations and data already discussed. Many factors affect inflation--some temporary and others longer lasting. For example, it is difficult to predict the ultimate outcome of current discussions over trade Economic written report as well as the size and timing of the economic effects of the recent changes in fiscal policy.
If the results were not definitive, specific future work that may be needed can be briefly described. Figures Figures are categorized as either graphs or drawings.
Reference to a figure should include a brief description of what it contains and what it contributes to the point under consideration. This development is another sign of labor market strength. That number is up from 1.
The second gains friends and shows a generous nature. As I mentioned, after many years of running below our longer-run objective of 2 percent, inflation has recently moved close to that level.
I will turn now to inflation. After several years in which inflation ran below our 2 percent objective, the recent data are encouraging. The detail should be sufficient so that the reader can easily understand what was done.
The latest figure was boosted by a significant increase in gasoline and other energy prices. Overly long sentences should be avoided. Because energy prices move up and down a great deal, we also look at core inflation. Core inflation was 2. Type sizes for coordinates and legends should be appropriate: Moreover, wages are growing a little faster than they did a few years ago.
And, fourth, the outlook for economic growth abroad remains solid despite greater uncertainties in several parts of the world. For guideposts on appropriate policy, the FOMC routinely looks at monetary policy rules that recommend a level for the Economic written report funds rate based on the current rates of inflation and unemployment.
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major economic indicators Consumer Price Index In August, the Consumer Price Index for All Urban Consumers increased percent seasonally adjusted; rising percent over the last 12 months, not seasonally adjusted.
I will review the current economic situation and outlook and then turn to monetary policy. Current Economic Situation and Outlook Since I last testified here in February, the job market has continued to strengthen and inflation has moved up.
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