Fed Chair Powell: Inflation rate will be in the mid-to-low 2s a year from now
We're sitting here on stage in one year from now, which we hopefully are, the inflation rate in the US will be. You know, mid to low twos, that's kind of where mid twos now. Yeah. Well, we have one month at 2.6 and you know, we had a brief visit to the Lotus at the end of, I mean, I mean sustainably, durably underlying inflation between 2 and 2 1/2 is what I would say that would be. That would be a great outcome. President Lagarde, one year from now? One year from now, I would say low twos. We are 2.5 latest reading. And as I said, bumpy on the way ahead. But yeah, low twos, you've been closer to 4% President Campos, right, lately. So where do you think you are in in a year from now? Well, I won't be in the central bank. We already established that, yeah. But but I I think that the, the, the work that's been done is very technical. I'm confident that we will continue to be that way. And I think when you look at expected inflation today, I think it has a disconnect with the current inflation and has a disconnect with the fundamentals that we have in Brazil. So I'm confident that the the future inflation will be lower than the expected inflation. In other words, I think what the markets pricing today is not In Sync with the reality.