๐จ FED TARGET UPDATE ๐บ๐ธ๐ฅ
U.S. Treasury Secretary Scott Bessent says the idea of the Fedโs 2% inflation target could be revisited in the future once inflation is consistently back to target.
He suggested policymakers might consider a range-based target (e.g., 1.5%โ2.5% or 1%โ3%) rather than a single fixed point, opening the door to a longer-term debate on monetary framework.
This doesnโt mean the target has officially changed yet โ itโs a potential policy discussion.
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