Fed Officials Project Inflation Will Return to Target by 2029 -- Market Talk
Dow Jones2026/09/16 18:161416 ET - The summary of economic projections showed that inflation won't cool to the Fed's 2% target until 2029. Officials projected that PCE inflation will be 3.7% in 2026, higher than the 3.6% in the June projection. In June, committee officials predicted PCE inflation would be 2.0% in 2028, that number was changed to 2.1%, slightly above target. (jessica.coacci@wsj.com)
(END) Dow Jones Newswires
September 16, 2026 14:16 ET (18:16 GMT)
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