Fed optimistic, “US economy will grow 7%, top since the 1980s”

AGI – The US economy will grow by 7% this year, at the top since the early 1980s. This was claimed by the president of the New York Fed, John Williams.

“This is positive progress after the toughest period for the economy in living memory and a winter in which the pandemic was particularly severe and the economy suffered,” Williams said, according to whom there are not yet. the conditions, because the Fed begins to withdraw its aid.

Williams also warns against the tendency to “overreact” to price spikes caused by extraordinary circumstances and predicts that inflation will return to the two percent target in 2022.

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