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Fed insider Nick Timiraos relayed the view that while US inflation has not significantly worsened, it has not improved either. If it does not move towards the target, the duration of its deviation from the target will become important.
Federal Reserve insider Nick Timiraos posted on X, relaying market sentiment that while U.S. inflation rose earlier this year and has not significantly worsened, it has also not improved. He noted that if inflation fails to make progress towards the Federal Reserve's 2% target, the duration of the deviation from the target will become important. Timiraos also cited former Federal Reserve Chairman Warsh's statement from July 29, 2026, reiterating that the Federal Reserve's inflation target is a strict 2%, with no soft target.
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Source：X@NickTimiraos · Source Link
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