Federal Reserve's Williams Predicts Steady Economic Growth Through 2026
According to Odaily, Federal Reserve official John Williams has projected that the United States GDP will grow by 2% in both 2025 and 2026, indicating a stable economic condition. However, he noted that the economic outlook remains highly uncertain due to government policies. The unemployment rate is expected to remain between 4% and 4.25%. Significant progress has been made in reducing inflation, and monetary policy is well-prepared to achieve the Federal Reserve's objectives. A moderately restrictive policy is anticipated to lower the inflation rate to 2%. Inflation is expected to stay around 2.5% this year and reach 2% in the coming years.