The Fed's "number three" official hinted that there is no reason to lower interest rates in the short term.

Mars Finance reported on January 13th that New York Federal Reserve President Williams stated on Monday that he expects the U.S. economy to maintain healthy growth in 2026 and hinted that there is no reason to lower interest rates in the short term. Williams said he is "quite optimistic" about the economic outlook. He expects GDP growth this year to be between 2.5% and 2.75%, and the unemployment rate to stabilize this year and decline in the following years. Regarding inflation, Williams stated that price pressures are expected to peak between 2.75% and 3% in the first half of this year, then decline to 2.5% for the whole year, and he expects the inflation rate to return to 2% in 2027. (Jinshi)