Federal Reserve Adjusts Long-Term Inflation Forecasts

According to ChainCatcher, the Federal Reserve's Federal Open Market Committee (FOMC) has revised its core Personal Consumption Expenditures (PCE) inflation expectations for the end of 2025, 2026, 2027, and 2028. The new projections are 3%, 2.5%, 2.1%, and 2%, respectively. These figures represent a slight decrease from the September forecasts, which were 3.1%, 2.6%, 2.1%, and 2%.