Federal Reserve's Williams: If inflation cools down this year, further rate cuts will "ultimately be necessary"

2026-03-03 14:59:21

On March 3rd, FOMC permanent voting member and New York Fed President Williams stated that if inflation cools down this year, further interest rate cuts “will ultimately be necessary.” Supported by a series of factors, the U.S. GDP growth rate is expected to reach 2.5% in 2026. (Jin10)

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