So where exactly does the Federal Reserve's inflation target sit right now? With all the market noise lately, it's worth asking whether the 2% goal still holds water—or if we're looking at a shifting baseline.

The Fed's been juggling rate decisions while inflation data keeps everyone guessing. Some argue the target's outdated given structural changes in the economy. Others say sticking to it is the only anchor we've got.

For those watching liquidity flows into risk assets, this isn't just abstract policy talk. When central bank targets move, capital moves too. And that ripple hits everything from equities to digital assets.

Anyone else tracking how this plays out? The next few months could redefine what "stable prices" actually means in this cycle.