Federal Reserve's Williams: Long-term Federal Funds Rate May Remain Around 3%
PANews April 17: Federal Reserve's Williams stated that the long-term federal funds rate may remain around 3%. There has been no fundamental change in the basic view of monetary policy. He also expects the economy to slow significantly this year, with unemployment rising. This year's GDP may be less than 1%, and the unemployment rate is expected to rise to 4.5% to 5%. Tariff uncertainty is the primary concern among businesses.
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