The US is navigating tough economic times: while the economy is expanding, it is not growing fast enough to reduce very high levels of unemployment. Growth is likely to pick up, but only gradually, leaving considerable excess capacity in labour and product markets for some time to come. That excess capacity is likely to keep inflation well below the 1? to 2 per cent level Ben Bernanke, the chairman of the Federal Reserve, has identified as desirable.
美國正在應對嚴峻的經濟形勢：盡管經濟在擴張，但增長速度不足以降低非常高的失業水平。增長可能會加速，但只是漸進的，讓未來一段時期的勞動力和產品市場出現大量過剩產能。這種過剩產能可能讓通脹保持在遠低于美聯儲(Fed)主席本?伯南克(Ben Bernanke)認為可取的水平，即1.75%至2%。
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