Chair Warsh rejected the idea of a 'soft' inflation goal, reiterated the Fed's 2% target and said he has created a task force to revisit the private and public data used for policy decisions ahead of Jackson Hole.

Chairman Warsh said the Federal Open Market Committee voted 9–3 to keep the federal funds target range at 3.50%–3.75%, reiterated commitment to a 2% inflation target and stressed that markets have tightened materially since the last meeting.

The FOMC chair rejected the idea of a 'soft' inflation target and reiterated the committee’s commitment to its 2% inflation objective, citing five years of elevated inflation that cannot be reversed quickly.

The Federal Reserve's policy committee voted 9–3 to keep the federal funds target range at 3.50–3.75 percent. The chairman said the committee remains committed to restoring 2% inflation and emphasized relying on market signals alongside broader data.

A growing split inside the Federal Reserve was exposed at the central bank's July 2026 policy meeting, where officials voted 9-3 to leave interest rates

Isabel Schnabel on Mar 27, 2026 said the ECB "has time to analyze the data"; ECB's 2% inflation target remains the anchor (InvestingLive, Mar 27, 2026).

BOJ places Japan's natural rate at -0.9% to +0.5% as of Q3 2025 (BOJ, Mar 27, 2026); this moderates deep-negative r-star narratives and affects policy calibration toward the 2% inflation goal.

On Mar 24, 2026 Chicago Fed’s Austan Goolsbee warned energy shocks could delay rate cuts; Fed’s 2% inflation target shapes the trade-off between inflation and growth.

Mar 23, 2026: Fed's Daly said elevated uncertainty requires scenario analysis; the Fed's 2% inflation target and FOMC cadence make conditional policy paths material for institutions.

On Mar 23, 2026 Chicago Fed's Austan Goolsbee said he could see circumstances for rate hikes; Fed's 2% inflation target and eight FOMC meetings will frame market reaction.

Turkey has entered the third phase of its economic program, Minister Mehmet Şimşek says, with goals of single-digit inflation, stronger fiscal discipline and sustainable growth supported by reforms an...

Learn about the Federal Reserve's approach to cut rates, marking significant dissent among governors in a robust economy.

TOKYO (Reuters) -Core consumer inflation in Japan’s capital stayed well above the central bank’s 2% target in July, data showed on Friday, adding to renewed market expectations for another interest rate hike this year. The data will be among factors the Bank of Japan will scrutinise at its next rate review on July 30-31, when the board is expected to revise up this fiscal year’s inflation forecast in a quarterly review of its projections. The Tokyo consumer price index (CPI), which excludes volatile fresh food costs, rose 2.9% in July from a year earlier, government data showed, slightly below a median market forecast for a 3.0% increase. It followed a 3.1% rise in June. A separate index for Tokyo that strips away both fresh food and fuel costs - closely watched by the BOJ as a measure of domestic demand-driven prices - rose 3.1% in July from a year earlier after a 3.1% gain in June, the data showed. The BOJ exited a decade-long, radical stimulus programme last year and raised short-term interest rates to 0.5% in January on the view Japan was on the cusp of sustainably hitting its 2% inflation target. While the central bank has signalled readiness to raise rates further, the economic impact of higher U.S. tariffs forced it to cut its growth forecasts in May and complicated decisions around the timing of the next rate increase. But U.S. President Donald Trump’s surprise announcement on Wednesday of a trade deal with Japan has diminished uncertainty over the country’s economic outlook, prodding some investors to renew their bets on another rate hike by the end of this year. A Reuters poll, taken before the trade deal announcement, showed a majority of economists expect the BOJ to raise its key interest rate again by year-end, though most expect the bank to stand pat at this month’s meeting.

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IMF projects Brazil will grow 2.3% this year, inflation to converge to target in 2027 Economy Updated 06/03/2025, 11:29 AM 0 BRASILIA (Reuters) -Brazil’s economy is expected to grow 2.3% this year, the International Monetary Fund (IMF) projected on Tuesday, revising up its April forecast of 2%. Following the conclusion of its 2025 Article IV visit to the country, the IMF estimated that inflation will reach 5.2% this year, from 5.3% seen previously, gradually converging to the 3% target by the end of 2027. 0 Latest comments