Inflation Target Pushed Back: What It Means
Update: 2025-09-18
Description
Inflation stuck above the Fed's target for seven years? The Federal Reserve just pushed back its target date for two percent inflation to the end of 2028, a year later than previously projected, as tariffs and pandemic after-effects continue to plague the economy. Despite a recent interest rate cut to boost the job market, Powell insists taming inflation remains the Fed's top priority.
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