Fed's Mouthpiece: Fed Meeting Minutes No Longer Specify Timeline for Inflation Returning to 2%

Odaily Tin tức: "Fed's mouthpiece" Nick Timiraos pointed out in an article that the content not mentioned in this Fed meeting minutes is more noteworthy. He noted that in multiple meetings up until December last year, staff forecasts indicated inflation would fall back to 2% by 2027, but the December minutes had already pushed that timeline to 2028.

However, in the January meeting minutes, there was no explicit mention of a specific time for inflation to reach 2%. It only stated that compared to the December forecast, the figures were "slightly higher, maintaining balance," and anticipated that after the impact of tariffs ends mid-year, inflation will return to its previous downward trend. The phrasing "and reach 2% by 2028" mentioned in previous minutes did not reappear.