U.S. Inflation to Reach 2% Target by 2028, Projects 3.5% by End of 2026: Fed Vice Chair Williams

According to Federal Reserve Vice Chair John Williams, the New York Fed expects U.S. inflation to reach the 2% target by 2028. Williams stated that inflation significantly above 2% is an "indisputable fact," with inflation projected at 3.5% by the end of 2026. The Fed's monetary policy stance is appropriate for guiding inflation back to its target level.
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