Data compiled by Woofun AI shows that the Federal Reserve FOMC has updated its economic projections, lowering median PCE inflation expectations for the end of 2026, 2027, and 2028 to 3.6%, 2.3%, and 2%, respectively. This represents a downward revision from the March estimates, which stood at 2.7%, 2.2%, and 2% for the corresponding periods.

The recalibration of these inflation targets suggests a more subdued price pressure outlook over the medium term. By reducing the projected inflation rates relative to earlier forecasts, the Federal Reserve FOMC indicates a shifting macroeconomic landscape that may influence future interest rate decisions and market positioning.