Pimco's Wilding Doesn't Expect Fed to Move Inflation Target

Pimco economist Tiffany Wilding said she does not expect the Federal Reserve to change its 2% inflation target and expects the Fed to drop forward guidance at its next meeting. The comments suggest continuity in policy rather than a shift in the Fed's inflation framework. Market impact is limited, but the remarks are relevant for expectations around future rate-path communication.

Analysis

Pimco economist Tiffany Wilding said she does not expect the Federal Reserve to change its 2% inflation target and expects the Fed to drop forward guidance at its next meeting. The comments suggest continuity in policy rather than a shift in the Fed's inflation framework. Market impact is limited, but the remarks are relevant for expectations around future rate-path communication.