Williams: No Reason for Rate Cuts in the Short Term, Expects GDP Growth Between 2.5% and 2.75%

ChainCatcher News, according to Golden Ten Data, New York Federal Reserve President Williams expects the U.S. economy to remain healthy in 2026 and suggests there is no reason for a rate cut in the short term. He stated that the current monetary policy is well-positioned to support labor market stability and to help bring 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. Inflationary pressures are expected to peak between 2.75% and 3% in the first half of this year, with the annual average falling back to 2.5%.