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Claim Text
The 2 percent target is not expected to be reached until 2029.
Simplified Text
The Federal Reserve's 2% inflation target is not expected to be reached until 2029.
Confidence Score
0.900
Claim Maker
The author
Context Type
News Article
Context Details
{
    "date": "2029",
    "statistic": "2 percent target",
    "organization": "Federal Reserve"
}
Subject Tags
Economics Monetary Policy
UUID
013c1e58-6bc7-4bb2-8af9-e7fb123fc0fe
Vector Index
✗ No vector
Created
September 18, 2026 at 4:05 AM (3 weeks ago)
Last Updated
September 18, 2026 at 4:05 AM (3 weeks ago)

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Screenshot of https://nytimes.com/2026/09/16/business/economy/federal-reserve-interest-rates-warsh.html
Fed Raises Rates in First Major Step by Warsh to Contain Inflation
Completed News
32 claims 🔥
3 weeks ago
https://nytimes.com/2026/09/16/business/economy/federal-reserve-interest-rates-warsh.html

The Federal Reserve, under Chairman Kevin M. Warsh, raised interest rates by a quarter of a percentage point, the first increase in over three years, to combat elevated inflation. This decision, supported by all 12 FOMC members, lifts rates to a new range of 3.75 to 4 percent.

Federal Reserve Interest Rates Inflation US Economy Monetary Policy Kevin Warsh Financial Markets

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