In the volatility scatterplot, you would  agencies – all data are from the International Monetary Fund’s International Financial Statistics database. We have considered all the economies for which we could obtain data for both CPI inflation and real GDP.
In light of these disappointing results, monetary policy continues to be focused on ensuring that the economic recovery is sufficiently strong to sustain noticeable progress toward our mandated objectives. I would like to take a few minutes to offer some perspectives on how monetary policy has been meeting this challenge.