Federal Reserve Meeting Minutes: Participants generally expect the economic growth rate to accelerate by 2026

Odaily Planet Daily News reports that the Federal Reserve meeting minutes mention that participants generally expect the economy to accelerate in growth by 2026, and in the medium term, economic activity will expand at roughly the same rate as potential output. Many participants anticipate that adjustments in fiscal policy, regulatory policies, or more favorable financial market conditions will support economic growth. However, participants believe that their uncertainty regarding the actual GDP growth forecast remains high. Additionally, some participants pointed out that structural factors such as technological progress and productivity improvements (which may reflect increased AI applications) can promote economic growth without generating price pressures, but may also suppress employment growth.