Federal Reserve "Number Three" Suggests No Reason to Lower Interest Rates in the Short Term

BlockBeats News, January 13, New York Federal Reserve President Williams stated on Monday that he expects the U.S. economy to maintain healthy growth in 2026 and indicated that there is no reason to lower interest rates in the short term.

Williams said he is "quite optimistic" about the economic outlook. He expects GDP growth this year to be between 2.5% and 2.75%, with the unemployment rate stabilizing this year and declining in the following years. Regarding inflation, Williams stated that price pressures are expected to peak between 2.75% and 3% in the first half of this year, then fall to 2.5% for the full year, and he expects the inflation rate to return to 2% in 2027. (Golden Ten Data)