Fed's Williams Projects Inflation to Range Between 3% and 3.5% This Year, with a Drop to 2.5% Expected in 2024 and 2% by 2027
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On July 17, Federal Reserve's Williams stated that the inflation rate in the United States is anticipated to remain within the range of 3% to 3.5% this year. For the following year, it is expected to decline to 2.5%, and by 2027, it is forecasted to reach 2%.