🚨 FED TARGET UPDATE 🇺🇸🔥
U.S. Treasury Secretary Scott Bessent says the idea of the Fed’s 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%–2.5% or 1%–3%) rather than a single fixed point, opening the door to a longer-term debate on monetary framework.
This doesn’t mean the target has officially changed yet — it’s a potential policy discussion.
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