Surname 2 financial stability and economic growth

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Surname 2 financial stability, and economic growth ( Ampudia et al. 26). Conversely, monetary policy issues such as interest rate policy and balance sheet policy were also taken into consideration to discuss the health of the economy. The chair gives a report on the current economic health of the country, which indicated that the economic activity of the nation has improved at a steady pace over the first half of 2018. Similarly, he mentions how the job market has continued to improve while inflation was noted to have increased due to an increase in energy prices. The chair states that inflation rate was a little above two 2%, and this level was believed to be the best in achieving the stability in prices and reduced unemployment levels over the long run. He states, “ The latest figure was boosted by a significant increase in gasoline and other energy prices,” (The Federal Reserve System 2). On the other hand, he stated, “the unemployment rate edged down from 4.1 percent in December to 4.0 percent in June,” (5). Therefore, the unemployment rate was noted to decrease, and more jobs were created as a significant number of people joined the workforce during that period. Besides, the labor market was indicated to have strengthened over the last years where new jobs have been created for a new entrant in the job market (Fischer 19). Moreover, wages were noted to be growing at a faster rate compared to past years, as their productivity has been low. Economic growth was another factor identified to have significant impacts on the economy. The real GDP was reported to have increased while the gains in the consumer income were found to have slowed (Adrian & Liang 15). The international economic growth stayed firm,
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