The Federal Reserve removed this line from its November policy statement: "The Committee has gained greater confidence that inflation is moving sustainably toward 2 percent." Dan Siluk, head of global ...
And Deutsche Bank chief U.S. economist Matthew Luzzetti notes it’s a “hawkish” outlook for the Fed heading into 2025, nodding to the potential for “stickier” inflation due to tariffs. 4% to 4.5%.