By Walter Grand in Economy —

I expect slower growth this year, but not a recession - Williams of the Fed

I expect slower growth this year, but not a recession - Williams of the Fed
Photo by Suzanne D. Williams / Unsplash

At the next meeting, 50 basis points or 75 basis points will be discussed

The unemployment rate will rise over the next few years, the official predicts.

The economy is strong and financial conditions have tightened. I expect America's GDP to grow 1-1.5% over the year, he added.

Also, he stated, "I don't see signs of hysteria. The markets are doing well."