According to BlockBeats, Federal Reserve official Williams has indicated that if the economy aligns with his predictions, interest rates are expected to be gradually reduced. He noted that tariffs could increase inflation by 1.00% to 1.50% this year. The unemployment rate is projected to rise to approximately 4.5% next year. So far, tariffs do not appear to have driven long-term inflation upward. Inflation is expected to be between 3% and 3.25% by 2025.