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NY Fed President Williams says policy is data-dependent, sees balanced economy with 2% growth.
The New York Federal Reserve President John Williams emphasized that the monetary policy is data-dependent amid uncertainties, particularly concerning government policies.
Despite these uncertainties, Williams believes the economy is balanced, with growth expected at around 2%, and unemployment rates between 4% and 4.25%.
He anticipates inflation moving towards 2%, noting that recent improvements in supply-demand balance have supported rate cuts, and housing-related inflation pressures are easing.
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El presidente de la Fed de Nueva York Williams dice que la política depende de los datos, ve una economía equilibrada con un crecimiento del 2%.