The United States could see its strongest growth in 40 years in 2021

US gross domestic product could grow by 7% in 2021, its fastest pace since the early 1980s, New York Fed Chairman John Williams warned Monday.

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“With accommodating financial conditions, strong budget support and vaccinations, I think this year's rate of economic growth will be the fastest we've seen since the early 1980s,”

he said during the interview. 'a speech by videoconference.

Adjusted for inflation, GDP growth should, according to him, be around 7%.

The gross domestic product recorded in the first quarter an increase of 6.4% on an annualized basis, a measure which allows to project the annual growth if the pace is maintained.

However, this should accelerate in the second quarter.

No worries about inflation

In addition, while some fears persist about a too sharp rise in prices, the president of the New York branch of the Central Bank also deemed

. Year-on-year inflation hit 2.3% in March, according to the PCE index, exceeding the US Central Bank's 2% target. But for John Williams, it is better to

of the price curve. However, it should not continue to climb for too long as follows:

, ”he stressed.

However, he recalled that the economy still has

.

, he noted.

April employment figures will be released on Friday, and a million job creations are expected.