Federal Reserve System representative Williams forecasts that the unemployment rate in the US will decrease to 4.5% by the end of 2025. According to him, employment risks have recently increased, while inflation risks have diminished. In his opinion, the easing of monetary policy provides favorable starting conditions for further economic development in early 2026. This combination of factors — a decrease in the unemployment rate amid declining inflation — promotes a more stable macroeconomic environment and offers flexibility for monetary policy adjustments.