Vorsh: US Economy Gets Backing
The report by Federal Reserve Chairman Kevin Warrish highlights his strong optimism about the U.S. economy amid forecasts of no interest rate hikes until December 2026, despite inflation remaining higher than the central bank's 2% target. He indicated that the U.S. economy is showing robust momentum and resilience beyond expectations, and that the global economy continues to withstand geopolitical tensions, with expectations that the United States may emerge from the crisis stronger and more sustainable.
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