The conjunction of low inflation and low unemployment came as a very pleasant surprise.

低通货膨胀与低失业的同时出现是一大惊喜。

Low inflation is also a concern for the Fed.

通货膨胀率较低，也是美联储关注的一个方面。

The low inflation rate will be no flash in the pan.

低通货膨胀率不会只是昙花一现。

The Fed has a dual mandate by law: low inflation and low unemployment.

从法律上讲，美联储有两项职责：保证低通胀率和低失业率。

More recently, the gold price has risen through a period of low inflation.

而近期金价的上涨却发生于低通胀时期。