Williams: There is no reason for a rate cut in the short term, and GDP growth is expected to be between 2.5% and 2.75%
Jan 13, 2026 07:08:41
According to Jinshi News, New York Fed President Williams expects the U.S. economy to remain healthy in 2026 and suggests there is no reason for interest rate cuts in the short term. He stated that the current monetary policy is in good shape, which helps support labor market stability and drives inflation back to the 2% target. Williams anticipates this year's GDP growth rate to be between 2.5% and 2.75%, the unemployment rate to stabilize, and inflation pressures to peak in the first half of this year between 2.75% and 3%, averaging 2.5% for the year.
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