Ella 
Atlanta Federal Reserve President Raphael Bostic said on Friday that he expected to cut interest rates only once this year instead of twice as previously forecast, citing persistent inflation and stronger-than-expected economic data.
The economy has proven more resilient than expected, so much so that he doubled his forecast for GDP growth to 2%.”
It is believed that there will be little change in the current unemployment rate of 3.9%
3. Not long ago, an unemployment rate of 9% was thought to affect inflation.
Inflation levels are falling, but more slowly than expected, and prices for many goods have risen too much.
If the economy is growing above potential, if our economy is operating at levels that would be considered unthinkable without price pressures, if our economy is showing that inflation is coming down, these are all good things. These are all good things.
