Deep Tide TechFlow News, February 19 — According to Jinshi, “Federal Reserve mouthpiece” Nick Timiraos wrote about the Federal Reserve meeting minutes, stating that sometimes what the Fed doesn’t mention is more interesting. In every meeting last year (until December), staff predictions indicated that inflation would return to 2% by 2027. In December, this forecast was pushed back to 2028. However, the January meeting minutes did not specify a concrete time for inflation to reach 2%. Instead, the minutes noted that compared to the December forecast, the figures were “slightly higher and balanced,” and due to the impact of tariffs, the effects are expected to end by mid-year, at which point inflation is expected to revert to the “previous downward trend.” But the key statement from the December minutes (“reaching 2% by 2028”) had already disappeared in the January minutes.
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Federal Reserve spokesperson: The content not mentioned by the Federal Reserve deserves more attention
Deep Tide TechFlow News, February 19 — According to Jinshi, “Federal Reserve mouthpiece” Nick Timiraos wrote about the Federal Reserve meeting minutes, stating that sometimes what the Fed doesn’t mention is more interesting. In every meeting last year (until December), staff predictions indicated that inflation would return to 2% by 2027. In December, this forecast was pushed back to 2028. However, the January meeting minutes did not specify a concrete time for inflation to reach 2%. Instead, the minutes noted that compared to the December forecast, the figures were “slightly higher and balanced,” and due to the impact of tariffs, the effects are expected to end by mid-year, at which point inflation is expected to revert to the “previous downward trend.” But the key statement from the December minutes (“reaching 2% by 2028”) had already disappeared in the January minutes.