CoinWorld News, ME News reports, on January 13 (UTC+8), Federal Reserve Bank of New York President Williams expects the U.S. economy to remain healthy through 2026 and hints that there is no reason to cut interest rates in the short term. He stated that the current monetary policy conditions are favorable, helping to support labor market stability and drive inflation back to the 2% target. Williams forecasts this year's GDP growth to be between 2.5% and 2.75%, with the unemployment rate stabilizing. Inflationary pressures are expected to peak between 2.75% and 3% in the first half of the year, and decline to an average of 2.5% for the full year.
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CoinWorld News, ME News reports, on January 13 (UTC+8), Federal Reserve Bank of New York President Williams expects the U.S. economy to remain healthy through 2026 and hints that there is no reason to cut interest rates in the short term. He stated that the current monetary policy conditions are favorable, helping to support labor market stability and drive inflation back to the 2% target. Williams forecasts this year's GDP growth to be between 2.5% and 2.75%, with the unemployment rate stabilizing. Inflationary pressures are expected to peak between 2.75% and 3% in the first half of the year, and decline to an average of 2.5% for the full year.