Federal Reserve's Williams expects the unemployment rate to rise to about 4.5% next year, and the inflation rate in 2025 to be between 3% and 3.25%

ChainCatcher news, according to Jinshi reports, Federal Reserve's Williams expects the unemployment rate to rise to about 4.5% next year, and tariffs may lead to an increase in inflation by 1% to 1.5% this year.

Trade and immigration factors are slowing economic activity, and GDP is expected to grow by 1.25% to 1.5% this year, with the inflation rate projected to be between 3% and 3.25% in 2025.