[Federal Reserve's Williams: Inflation Expected to Be 3% This Year, Returning to 2% Target by 2027] Reported by Golden Finance, on May 5, Federal Reserve's Williams stated that inflation is expected to be 3% this year and return to the 2% target by 2027. The U.S. economic growth rate is projected to be between 2% and 2.25% this year. The unemployment rate is expected to remain around 4.25% to 4.50%. Tariffs and energy are the main drivers of inflation, while core inflation remains generally stable. Controlled inflation expectations are a positive signal.