The Fed staff doesn’t see inflation moving back to 2% until 2025: BBG That's one way to raise the inflation target
The Fed staff doesn’t see inflation moving back to 2% until 2025: BBG That's one way to raise the inflation target
2% will be achievable once the 12 month window of data starts to get captured in mid-2022. That brings us to mid-2024.
But this will be a fake 2%... just like the whole CPI is fake.
