đŁď¸ Key insights from Fed member Williams:
⢠The Fed is prepared to start cutting interest rates. ⢠US GDP growth is likely to reach 2.5% this year. ⢠Inflation is expected to be close to 2% next year. ⢠The unemployment rate remains low despite recent increases. ⢠Inflation is forecasted to be 2.25% this year.
Big changes could be coming for the economy! đ #Economy #InterestRates #Inflation #GDP #MarketUpdate