Inflation target delayed to 2028, Craig Shapiro notes

Inflation target delayed to 2028, Craig Shapiro notes
Inflation goal delayed until 2028

Craig Shapiro raises concern about the timeline for reaching the 2 percent inflation target, noting that the achievement of this goal has now been pushed back to 2028.

He highlights that this means inflation will have remained above target for seven years by that point.

Earlier this year, Shapiro identified Broadcom’s AI revenue guidance miss as the first credible repricing signal for the sector in 2026. He also reported on a 10% plunge in the KOSPI that impacted Nasdaq futures, which were down 3% pre-market at that time. The comments on inflation come as markets continue to react to shifting economic data.

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