Bloomberg Surveillance · Wednesday, September 16, 2026
Commentators are debating the Fed's use of the word 'timelier' to describe its policy actions, noting that the forecast for reaching the 2% inflation target has been extended to 2029. This discrepancy raises questions about the effectiveness and pace of the Fed's inflation-fighting strategy.
“The word that I think is going to be analyzed and overanalyzed will be timelier. a timelier return to 2% inflation.”
“Well, one of the interesting things is they say that this move will result in a timelier move to the 2% target, and yet they push the 2% target out another two years, as they almost always do with these summaries of economic projections, to 2029. So I'm not sure what timelier means in this case.”
“How much are other people on board with this, number one? And is it timely as compared to what as compared to how much more you see inflation potentially accelerating, considering that it's moving in the wrong direction.”