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Federal Reserve Raises Interest Rates and Inflation Expectations, Projects Inflation to Return to 2% by 2029

Federal Reserve Raises Interest Rates and Inflation Expectations, Projects Inflation to Return to 2% by 2029

智通财经智通财经2026/09/16 18:46
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The Federal Reserve has comprehensively raised its federal funds rate projections; both this year’s PCE and core PCE inflation expectations have been revised upwards, with the 2% target level now anticipated to be achieved in 2029; meanwhile, GDP growth forecasts for this year and next year have been lifted, while unemployment rate expectations have been lowered.
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