Federal Reserve Williams: Inflation is expected to gradually decline to 2% in the next two years
According to online reports, Federal Reserve Williams said that overall inflation is close to 2%, but underlying inflation is still high; real GDP growth in the United States is expected to slow down to around 1% this year; uncertainty, tariff measures and reduced immigration will slow down economic growth; Moderately tight monetary policy provides room for reviewing new data; inflation is expected to gradually decline to 2% in the next two years; unemployment is expected to rise to about 4.5% by the end of this year; tariffs will push inflation to 3% this year.
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