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The Federal Reserve Williams said the U.S. economy is in good shape with GDP expected to grow by 2% in 2025 and 2026. The economic outlook is highly uncertain due to the impact of government policies. The U.S. unemployment rate should remain between 4% and 4.25%. The Federal Reserve has made significant progress in reducing inflation; Monetary policy is fully prepared to meet the Fed's objectives; Moderately restrictive policies should bring inflation down to 2%; Inflation is expected to remain ...
Fed Williams said it would be appropriate to shift policy to neutral over time; Inflation has not yet reached 2%, but is moving in the right direction; Fed decision-making will continue to rely on data; U.S. unemployment is expected to be 4.25% this year and remain there around 2025; The job market is unlikely to be an inflation driver in the future; The economy is expected to allow the Fed to cut interest rates further; U.S. GDP is expected to be between 2.25% and 2.5% in 2024, with an average ...
According to the Wall Street Journal: Federal Reserve Williams said the Federal Reserve is closer to cutting interest rates, but not ready to implement them. Seeing a general decline in inflation, the United States may need to cut interest rates in the coming months.
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