Although output growth should be stronger next year, resource slack and unemployment seem likely to decline only slowly.

尽管明年产出的增长将会增强，低资源利用率的状况和失业率可能仅仅会小幅下调。

youdao

Many factors affect inflation, including slack in resource utilization, inflation expectations, exchange rates, and the prices of oil and other commodities.

许多因素都会影响通胀，包括产能利用率不足、通胀预期、汇率，以及石油和其他商品的价格。

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Although resource slack cannot be measured precisely, it certainly is high, and it is showing through to underlying wage and price trends.

尽管产能利用率无法测量精确，但目前肯定是很严重的，这可以通过基础工资水平和价格趋势表现出来。

youdao

This strategy has been conditioned on our expectation that the prices of oil and other commodities would ultimately stabilize, in part as the result of slowing global growth, and that this outcome, together with well-anchored inflation expectations and increased slack in resource utilization, would foster a return to price stability in the medium run.

FORBES: Reducing Systemic Risk

Though it didn't explicitly mention deflation, the FOMC says that measures of underlying inflation have trended lower in recent quarters and, with substantial resource slack continuing to restrain cost pressures and longer-term inflation expectations stable, inflation is likely to be subdued for some time.

FORBES