US inflation will get back down to the Fed's 2% goal within one to two years, i.e. by end of 2026.

Pending ●●●●●

“take another year or two from here, but I, I'm confident that that's the path we're on.”

Said on: 18 December 2024 · FOMC press conference; the full sentence begins "So we and most other forecasters still feel that we're on track to, you know, to get down to 2 percent. It might take another year or two from here..."
Source: Transcript of Chair Powell's Press Conference, December 18, 2024 · Federal Reserve
Should come true: 2026
How sure they sounded: It might take; I'm confident
Categories: Economy
Importance: 3 of 5 · Completion of the US return to price stability.

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