everyone sharing this screenshot is completely misunderstanding this headline lol this was a widely expected move to drop the FAIT framework of achieving average inflation of 2%, meaning they would target slightly higher inflation for a period of time if inflation was previously under target. the inflation target is still 2%, they simply will not be using an average over time and instead are back to targeting a flat 2%. this is mildly hawkish, but was a well known change that was coming. anyone saying this means the fed is going to run inflation hot is an idiot.