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Williams: No Reason for Rate Cut in Short Term, GDP Growth Expected Between 2.5% and 2.75%
Summary: According to sources, New York Fed President Williams predicts a healthy US economy in 2026 and suggests there is no reason for a rate cut in the short term. He stated that current monetary policy conditions are favorable to support labor market stability and push inflation back to the 2% target. Williams expects GDP growth ...
According to sources, New York Fed President Williams predicts a healthy US economy in 2026 and suggests there is no reason for a rate cut in the short term. He stated that current monetary policy conditions are favorable to support labor market stability and push inflation back to the 2% target. Williams expects GDP growth this year to be between 2.5% and 2.75%, with the unemployment rate stabilizing and inflation pressure peaking between 2.75% and 3% in the first half of the year, averaging 2.5% for the whole year.
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Link: Williams: No Reason for Rate Cut in Short Term, GDP Growth Expected Between 2.5% and 2.75% [Copy]
