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Williams: The Federal Reserve's monetary policy is in a favorable position, with expected economic growth of 2% to 2.5%
ME News Report, April 16 (UTC+8), New York Federal Reserve Chair Williams reiterated that monetary policy remains in a favorable position to address the threat of long-term supply shocks caused by the Middle East war. He stated that the current monetary policy stance can balance the risks to employment and inflation goals. Williams expects U.S. economic growth this year to be between 2% and 2.5%, the unemployment rate around 4.25% to 4.5%, and inflation between 2.75% and 3%. (Source: ChainCatcher)