IMF predicts that the Federal Reserve's 2% inflation target will be postponed until the end of 2027

According to the International Monetary Fund, the Federal Reserve's 2% inflation target is expected to be postponed until the end of 2027, previously in mid-2027. Due to the rising risk of inflation, the Federal Reserve needs to remain cautious in its interest rate policy. The increase in tariffs in the United States has led to partial inflation transmission, and energy prices have increased inflationary pressure. Global oil inventories are expected to drop to 7.5 billion barrels in July, hitting a five-year low; Before the Iran War, it was 8 billion barrels, and the war has suppressed daily oil production by about 140 million barrels. The future trend of oil prices depends on whether the Strait of Hormuz can reopen.