IMF: US Inflation Won’t Hit Fed Target Until 2027, Delaying Rate Cuts

The International Monetary Fund said Wednesday that US inflation will not return to the Federal Reserve’s 2% target until early 2027. The assessment, part of the IMF’s first Article IV review of the Trump administration, signals that meaningful rate relief remains distant despite the president’s optimism. IMF Flags Fiscal Risks IMF Managing Director Kristalina Georgieva
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