Federal Reserve's Williams: This year's inflation is expected to be 3%, returning to the 2% target by 2027

Golden Finance reports that on May 5th, Federal Reserve’s Williams stated that this year’s inflation is expected to be 3%, with a return to the 2% target by 2027.
The US economy is projected to grow between 2% and 2.25% this year.
Unemployment rate is expected to remain around 4.25% to 4.50%.
Tariffs and energy are the main drivers of inflation, while core inflation remains generally stable.
The continued control of inflation expectations is a positive sign.

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