Cost of Living in the United States Increasingly
Expensive
(1) Cost of living in the United States rose a higher than forecast in
July. (2) Conditions that would make the leaders of the
Federal Reserve (The Fed) Ben S. Bernanke, increasingly
difficult to convince his colleagues to act quickly to boost economic growth.
(3) Data released by the U.S. Commerce Department showed
that U.S. consumer price index rose 0.5 percent from June. (4) That
figure is two-fold higher than the median of economists surveyed by Bloomberg
by 0.2 percent. (5) Meanwhile, the Philadelphia region's economic index data
released by The Fed also dropped to minus 30.7 in August, the lowest since
March 2009.
“Lots of negative data. (6) Increasing evidence that the economy is heading towards a recession will push
Bernanke to take immediate action before the end of the year," said John Herrmann, Senior Fixed
Income Strategist, State Street Global Markets LLC in Boston.
(7) However, continued Herrmann, rising cost of living
data will limit the choice was. (8)
"Inflation data does not give The Fed ammunition to re-spawn
unconventional monetary policy easing," he said.
(9) In addition, a number of negative data center clung indeed the U.S.
economy. (10) Call it the stock market plunged and gold prices hit a record
high.
Tenses :
Past Future Tense : Conditions that
would make the leaders of the Federal Reserve (The Fed) Ben S. Bernanke,
Past Tense : Data released by the U.S. Commerce Department showed
that U.S. consumer price index rose
Present Perfect Continous : the economy is
heading towards a recession will push Bernanke to take immediate action before
the end of the year,
Present Future Tense : However, continued Herrmann, rising cost of living
data will limit the choice was.
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