6  Chart 7  Outlook for Economic Activity and Prices (as of January 2018) y/y % chg.  Real GDP Fiscal 2017 Forecasts made in October 2017  Fiscal 2018 Forecasts made in October 2017  Fiscal 2019 Forecasts made in October 2017  CPI (all items less fresh food)  +1.9  +0.8  +1.9  +0.8  +1.4  +1.4  +1.4  +1.4  +0.7  +1.8  +0.7  +1.8  Note: Figures indicate the medians of the Policy Board members' forecasts (point estimates).
Our first step was the Board's proposal to substantially revise and improve credit card disclosures under the Truth in Lending Act. We have done extensive consumer testing to determine the type of information and its format that consumers find most useful in shopping for and choosing a credit card.