Federal Reserve's Williams: US Economy Expected to Slow Significantly this Year, Unemployment Rate to Rise

Blockbeats
04-17

BlockBeats News, April 17th, New York Fed President Williams said that he expects a significant slowdown in economic growth this year, with the unemployment rate rising. The GDP growth rate for this year may be less than 1%, and the unemployment rate will rise to 4.5% to 5%. (Xinhua News Agency)

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