IMF Expects U.S. Inflation to Reach 2% by End of 2027, Praises Fed Chair Powell

The International Monetary Fund acknowledged robust economic growth in the United States and expects inflation to decline to the Federal Reserve's 2% target by end of 2027. The IMF endorsed Fed Chair Kevin Walsh's commitment to price stability, saying his recent decision to hold policy rates steady was appropriate. The organization called for the Fed to proceed cautiously with future policy decisions, making adjustments based on the latest economic data.
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