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Reaching 2% Inflation Will Be Challenging for the Fed, Feroli Says
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Oct 29th, 2026 Reaching 2% Inflation Will Be Challenging for the Fed, Feroli Says JPMorgan Chief US Economist Mike Feroli says it will be a challenge for the Federal Reserve to get inflation back down below its target of 2%. Feroli says he was surprised that Fed Governor Lisa Cook called on the FOMC to raise rates by a quarter percentage point. He speaks on "Bloomberg Surveillance."
Oct 29th, 2026
Reaching 2% Inflation Will Be Challenging for the Fed, Feroli Says
JPMorgan Chief US Economist Mike Feroli says it will be a challenge for the Federal Reserve to get inflation back down below its target of 2%. Feroli says he was surprised that Fed Governor Lisa Cook called on the FOMC to raise rates by a quarter percentage point. He speaks on "Bloomberg Surveillance."