Claim True

The median inflation projection from FOMC participants would fall to 2....

Jerome Powell: The median inflation projection from FOMC participants would fall to 2.1 percent by the e... Published Jun 16, 2021. Status: True. Evidence [1]...

Actor: Jerome Powell
Topic: Economy
Status: True
Published: Jun 16, 2021
Deadline: Dec 31, 2022

The median inflation projection from FOMC participants would fall to 2.1 percent by the end of 2022.

FactTracker assessment

Evidence [1] shows the FOMC’s September 2022 projection table where the median core PCE inflation projection...

Verification rule: Observed value ≤ 2.1 %; window 2021-06-16 to 2022-12-31

Original source: federalreserve.gov