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The Fed’s Inflation Target Keeps Slipping Farther Into The Future
Chair Kevin Warsh speaks during a news conference following Federal Open Market Committee meeting on Sept. 16, 2026.Credit: Andrew Harnik / Getty ImagesKey TakeawaysFederal Reserve officials pushed back the date they expect inflation to descend to a 2% annual rate.It was the fifth time since 2021 that the Federal Open Market Committee has extended the timeline to meet its inflation goal.Although inflation has fallen from its 2022 peak, a return to the 2% target has proved elusive.Victory in the Federal Reserve’s war on inflation is just over two years away. Will it always be?Officials at the…
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