The latest data released by the Federal Reserve pointed towards a stable growth in the world’s biggest economy. The latest figures have somewhat eased inflationary concerns and threat of sharper slowdown. The survey noted unexpected industrial production growth that rose 0.4 percent last month while producer price growth slowed to 0.9 percent. The Federal Reserve has been maintaining the interest rate at 5.25 percent since several months and experts are speculating that the Fed is waiting for the further indications before acting on interest rates. The Federal Reserve has already expressed concerns about inflation and sluggish housing market and domestic car sales. The latest report has also indicated that confidence among the builders rose in December. However, the finding of the report is consistent with the other economic indicators such as job growth and rising stock prices pointing towards a low but healthy expansion of economy. On the other hand, experts have argued that the latest report by the Fed is very unlikely to change affect the minds of Federal Reserve policy makers. The policy makers would consider whether to change their policy of being essentially neutral on interest rate, when they would meet at the end of this month. The Fed usually gives more weight to Consumer Price Index than other indicators to measure inflation in the economy, which is also a yardstick for them while considering the interest rate.