1.2. In the beginning of 2009, the Federal Open Market Committee warned in their statement dated January...

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1.2. In the beginning of 2009, the Federal Open Market Committee warned in their statement dated January 28, 2009 that the Committee sees some risk that inflation could persist for a time below rates that best foster economic growth and price stability in the longer term. Go to research st louisfed.org/fred2/categories/9 and click on the Series ID link "CPIAUCSL (Consumer Price Index for All Urban Consumers: All Items-SA) Then click on the link "% Chg. From Yr. Ago." What has happened to the inflation rate since the last reported figure in Table 7?

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