The President of the New York Federal Reserve directly anchored the 2026 inflation expectation at 3%, which is even further from the 2% target, putting the soft landing narrative under additional pressure.

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NY Fed President Williams Raises 2026 Inflation Forecast to 3%
John Williams, president of the Federal Reserve Bank of New York, warned in his latest economic outlook speech that the fight against inflation may become more challenging than expected, according to his remarks. Williams announced an inflation forecast of 3 percent for 2026, with price increases ex
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