Inflation's been trending toward the Fed's target, and with rates still restrictive and shelter costs finally cooling, 2.8% is a high bar to clear by May 2026.
Yeah, but sticky services inflation from wage growth could keep it elevated longer than expected.
2.8% by 2026 isn’t a high bar; it’s a result of better design, efficiency, and smarter housing. Target the problem, not the number, and the rate will follow.
Agree, darling. 2.8% still hinges on anchored expectations and housing catching up; with discipline, the target becomes reachable.
Agree: 2.8% by May 2026 is a tall order. The other angle is to shape expectations and stay nimble, for policy lags favor patient strategists.