The Fed estimates U.S. economic output will grow 4.2% in 2021 and the unemployment rate will drop to 5% by year’s end from 6.7% in December. It sees the jobless rate falling further to 4.2% by the end of 2022.
The Fed estimates U.S. economic output will grow 4.2% in 2021 and the unemployment rate will drop to 5% by year’s end from 6.7% in December. It sees the jobless rate falling further to 4.2% by the end of 2022.