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

Odaily News According to "Fed Mouthpiece" Nick Timiraos, the content not mentioned in the latest Fed meeting minutes is more noteworthy. He pointed out that in multiple meetings last year until December, staff forecasts indicated inflation would fall back to 2% by 2027, but the December minutes had already pushed that timeline back to 2028.

However, the January meeting minutes did not specify a concrete time for inflation to reach 2%. They only stated that compared to the December forecast, the figures were "slightly higher, maintaining balance," and anticipated that after the impact of tariffs ends around mid-year, inflation will resume its previous downward trend. The phrasing "and reach 2% by 2028" mentioned in the previous minutes was no longer present.