English Title:
Federal Reserve issues sobering message to all US savers: Inflation won’t be under control until 2029

中文标题：
美联储向所有美国储蓄者发出清醒的信息:通货膨胀到2029年才会得到控制

English Content:
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Americans hoping inflation will soon stop eating into their savings have a sobering message from the Federal Reserve: The road back to its inflation target could stretch into 2029. For anyone building a nest egg, the concern is simple: Your account balance can hold steady while the money inside it buys less. Top Picks In its September projections (1), Fed officials put median inflation expectations, measured by the personal consumption expenditures price index, at 3.7% for 2026, 2.3% for 2027 and 2.1% for 2028. Only in 2029 does the forecast reach the central bank's target of 2%. That timeline also represents a setback from June, when officials projected a return to 2% in 2028. The outlook for core inflation, which excludes food and energy, tells a similar story: 3.4% in 2026, 2.5% in 2027 and 2.2% in 2028, before reaching 2% in 2029. These are forecasts based on officials' economic and policy assumptions, rather than a guaranteed timetable. During his Sept. 16 press conference, Fed Chair Kevin Warsh put it bluntly (2): "The plain fact is that inflation is too high, and has been for too long." To bring inflation down, the Fed raised its benchmark interest rate target range by a quarter percentage point to 3.75%–4%. But even if inflation follows the projected path, reaching 2% would still mean prices are rising. It would not undo the increases households have already absorbed. And the damage to purchasing power extends well beyond the latest inflation surge. According to the Inflation Calculator (3) put out by the Federal Reserve Bank of Minneapolis, $100 in 2026 has the same purchasing power as just $11.61 did in 1970. That's right. $100 became less than $12 — despite decades of efforts by the Fed to keep rising prices in check. For savers, the danger is clear: If your savings grow more slowly than prices, your purchasing power shrinks. You cannot control how quickly the Fed wins its inflation fight. But you can examine how your money is positioned for the years ahead. Here's a look at three time-tested strategies investors have used to help shield their wealth from inflation's bite. Own something the Fed can't print When it comes to preserving wealth and fighting inflation, few assets have stood the test of time like gold. Its appeal is simple: Unlike fiat currencies, the yellow metal can't be printed at will by central banks. This inherently limited supply can help it store value. Gold is also considered the ultimate safe haven. It's not tied to any one country, currency or economy, and in times of economic turmoil or geopolitical uncertainty, investors often flock to it — driving prices higher. Ray Dalio, founder of the world's largest hedge fund, Bridgewater Associates, has repeatedly highlighted gold's role in a resilient portfolio. "People don't have, typically, an adequate amount of gold in their portfolio," Dalio told CNBC last year. "When bad times come, gold is a very effective diversifier." Over the past five years, as inflation continued to chip away at the purchasing power of the dollar, gold has climbed 132%. Other prominent voices see further potential. JPMorgan CEO Jamie Dimon has said that in this environment, gold can "easily" rise to $10,000 an ounce. One way to invest in gold that can also provide significant tax advantages is to open a gold IRA with the help of Goldco. Gold IRAs allow investors to hold physical gold or gold-related assets within a retirement account, thereby combining the tax advantages of an IRA with the protective benefits of investing in gold, making it a compelling potential option for those wanting to ensure their retirement funds are diversified during rough economic times. Goldco offers free shipping and access to a library of retirement resources. Plus, the company will match up to 10% of qualified purchases in free silver. If you're curious whether this is the right investment to diversify your portfolio, you can download your free gold and silver information guide today. Just remember that gold is typically best used as one part of a well diversified portfolio. Read More: Vanguard reveals what's coming for U.S. stocks — and it could be bad news for this group of investors An income-producing inflation shield Gold isn't the only asset investors turn to during inflationary times. Real estate has also proven to be a powerful hedge. When inflation rises, property values often increase as well, reflecting the higher costs of materials, labor and land. At the same time, rental income tends to go up, providing landlords with a revenue stream that adjusts for inflation. Over the past ten years, the S&P Cotality Case-Shiller U.S. National Home Price NSA Index (4) has jumped by 87%, reflecting strong demand and limited housing supply. Of course, high home prices can make buying a home more challenging, especially with mortgage rates still elevated. And being a landlord isn't exactly hands-off work — managing tenants, maintenance and repairs can quickly eat into your time (and returns). The good news? You don't need to buy a property outright — or deal with leaky faucets — to invest in real estate today. Crowdfunding platforms like mogul offer an easier way to get exposure to this income-generating asset class. As a real estate investment platform offering fractional ownership in blue-chip rental properties, mogul gives investors monthly rental income, real-time appreciation and tax benefits — without the need for a hefty down payment or 3 a.m. tenant calls. Founded by former Goldman Sachs real estate investors, the team hand-picks the top 1% of single-family rental homes nationwide for you. In other words, you gain access to institutional-quality offerings for a fraction of the usual cost. Each property undergoes a rigorous vetting process, requiring a minimum 12% return even in downside scenarios. Across the board, the platform features an average annual IRR of 18.8%. Offerings often sell out in under three hours, with investments typically ranging between $15,000 and $40,000 per property. Sign up for an account and browse available properties here to start investing today. Another option is Lightstone DIRECT, which gives accredited investors access to single-asset multifamily and industrial deals. Lightstone DIRECT's direct-to-investor model ensures a high degree of alignment between individual investors and a vertically-integrated, institutional owner-operator — a sophisticated and streamlined option for individual investors looking to diversify into private-market real estate. With Lightstone DIRECT, accredited individuals can access the same multifamily and industrial assets Lightstone pursues with its own capital, with minimum investments starting at $100,000. Warren Buffett's inflation playbook Investing legend Warren Buffett knows a thing or two about navigating inflation, having managed Berkshire Hathaway's stock portfolio through the double-digit inflation of the 1970s and developed plenty of insight into the types of businesses that can hold up when consumer prices surge. In his 1981 letter to shareholders (5), Buffett pointed to two characteristics that can make a business especially resilient in an inflationary environment: The ability to increase prices easily and the ability to handle more business without requiring large amounts of new capital. In other words, companies with strong pricing power and relatively modest capital needs can be better positioned to protect their profitability as costs rise. That helps explain why the right stocks can serve as a long-term hedge against inflation. But Buffett has also made clear that you don't need to be an expert stock picker to participate in the market's growth. "In my view, for most people, the best thing to do is own the S&P 500 index fund," Buffett has famously stated (6). This approach gives investors exposure to 500 of America's largest companies across a wide range of industries, providing instant diversification without the need for constant monitoring or active trading. If you prefer that kind of hands-off approach to building wealth, Vanguard's Digital Advisor puts the investing expertise of one of the world's largest asset managers right at your fingertips. It takes the guesswork out of investing by building a personalized portfolio for you using Vanguard's well-known low-cost ETFs and mutual funds — then keeps things running smoothly with automatic rebalancing. The platform also offers guidance on saving for retirement and lets you set additional goals as your life evolves. It can even help you think through debt repayment strategies, potentially freeing up more cash to invest toward your long-term plans. With a minimum investment of just $100, it's an easy way to get started with professionally guided investing. For every $10,000 in an all-index portfolio, you'll pay approximately $15 to $16 per year.* You can even test-drive the Vanguard experience with no advisory fees for the first 90 days. *All investing is subject to risk, including the possible loss of the money you invest. What To Read Next Get Warren Buffett's best investing lessons, free. Join 250,000 readers getting Moneywise's sharpest money reporting every week. Subscribe and we'll send you our guide to the ideas that built Buffett's fortune as a welcome gift. Article Sources We rely only on vetted sources and credible third-party reporting. For details, see our ethics and guidelines. U.S. Federal Reserve (1); CNBC (2), (6); Federal Reserve Bank of Minneapolis (3); S&P Global (4); Berkshire Hathaway (5) This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

中文正文：
金钱和雅虎金融有限责任公司可以通过以下内容的链接获得佣金或收入. 美联储发出一个清醒的信息: 回到通货膨胀目标的道路可能延伸到2029年。 对于任何建巢蛋的人来说,关注很简单: 你的账户余额可以稳定下来 而里面的钱买得更少。 Top Picks在其9月的预测(1)中,美联储官员将以个人消费支出价格指数衡量的中位通胀预期值为2026年的3.7%,2027年的2.3%和2028年的2.1%. 直到2029年,预测才达到中央银行2%的目标. 这一时间表也是从6月份以来的一个挫折,当时官员们预计2028年将恢复到2%。 将食物和能源排除在外的核心通货膨胀前景也讲述了类似的故事:2026年3.4%,2027年2.5%,2028年2.2%,2029年达到2%. 这些是根据官员的经济和政策假设而不是一个有保障的时间表作出的预测。 在9月16日的新闻发布会上,美联储主席凯文·沃什(Kevin Warsh)直截了当地说: "一个简单的事实就是通货膨胀太高了,而且一直是为了 "太长了。" 为了降低通货膨胀,美联储将基准利率目标幅度提高了四分之一,达到3.75 % 。 但即使通货膨胀走的是预测的道路,达到2%仍意味着物价正在上升。 它不会抵消已经吸收的住户增加。 对购买力的破坏远远超出最近的通货膨胀激增。 根据明尼阿波利斯联邦储备银行(Federal Reserve Bank of Minneapolis)推出的通货膨胀计算器(3),2026年的100美元拥有与1970年仅11.61美元相同的购买力. 没错 100美元变成不到12美元——尽管美联储几十年来一直努力控制不断上涨的价格. 对于拯救者来说,危险是明确的: 如果你的储蓄增长比价格慢, 你的购买力就会萎缩。 你无法控制美联储赢得通胀斗争的速度 但你可以检查你的钱 如何定位未来几年。 以下是经过时间考验的三种策略,投资者用来帮助保护财富免受通货膨胀的侵袭. 拥有美联储无法印刷的东西 在保护财富和打击通货膨胀方面 很少有资产像黄金一样经受了时间的考验 它的吸引力很简单: 货币,黄色金属不能随意由中央银行印制. 这种固有的有限供应有助于储存价值。 黄金也被认为是最终的安全避难所. 它与任何一个国家,货币或经济都没有联系,在经济动荡或地缘政治不确定的时候,投资者往往纷纷向它倾斜——推动物价上涨. 世界上最大的对冲基金Bridgewater Associates的创始人雷·达里奥(Ray Dalio)一再强调黄金在弹性投资组合中的作用. Dalio去年告诉CNBC, "当坏的时候,黄金是一个非常有效的潜水器。" 在过去5年中,随着通货膨胀继续削弱美元购买力,黄金攀升了132%。 其他突出的声音也看到了进一步的潜力。 JPMorgan CEO杰米·迪蒙表示,在这种环境下,黄金可以"轻松"上升到一盎司一万元. 投资也可以提供显著税收优势的黄金的一种方法是在Goldco的帮助下开设金矿管理局. Gold IRAs允许投资者在退休账户中持有实物黄金或与黄金有关的资产,从而将IRA的税收优势结合起来 有了黄金投资的保护性好处,它成为那些希望确保其退休资金在粗糙的经济时期多样化的人的一个令人信服的潜在选择。 Goldco提供免费航运服务,并可进入退休资源图书馆。 另外,该公司还将匹配多达10%的合格收购免费白银. 如果你好奇这是否是你的投资组合多样化的正确投资,你可以下载你的免费金银信息指南今天. 只要记住,黄金通常被最好地用作多样化投资组合的一部分。 更多信息:先锋队披露了美国股票的走向, 在通货膨胀时期,创造收入的通货膨胀屏蔽着黄金并不是唯一的资产投资者所求助的. 房地产也被证明是一个强大的套期. 当通货膨胀上升时,财产价值也常常增加,反映出材料、劳动力和土地成本较高。 同时,租金收入往往会上升,为房东提供收入流,以适应通货膨胀. 在过去十年中,S&P Contality Case-Shiller美国国家国内物价国债指数(4) 增长87%,反映出需求强劲和住房供应有限。 当然,高房价会使购买住房更具挑战性,特别是抵押贷款率仍然上升。 而当地主并不是完全靠手完成的工作——管理租户,维护和修理可以很快地吃进你的时代(和返回). 好消息吗? 你不需要直接买地产 或处理漏水龙头 今天投资房地产。 Mogul等众筹平台为接触这一创收资产类别提供了较容易的途径。 作为提供蓝芯片租赁地产分层所有权的房地产投资平台,mogul给予投资者每月的租金收入,实时升值和税收优惠——不需要高额首付款或凌晨3点的租户电话. 由前高盛房地产投资人创办,团队亲手为您挑出了全国1%的单家租房前身. 换句话说,您可以以通常成本的一小部分获得机构质量服务。 每个财产都经过严格的审查程序,即使在下行情况下,要求至少获得12%的回报。 整个平台都有一个 年平均IRR为18.8%. 出价往往在不到3小时的时间内就售出,每个房产的投资一般在15 000至40 000美元之间。 注册账户并浏览这里可用的属性, 今天开始投资 。 另一种选择是Lightstone DIRECT,它使经认可的投资者能够获得单资产多家庭和工业交易。 Lightstone DIRECT的直通投资模式确保了个人投资者与纵向一体化的机构所有者-经营者之间的高度一致——这是个人投资者寻求向私人市场房地产多样化的复杂和简化的选择。 有了Lightstone DIRECT,经过认证的个人可以使用自己的资本获得同样的多家庭资产和工业资产Lightstone追求,最低投资额为10万美元。 沃伦·巴菲特(Warren Buffett)的通货膨胀剧本"投资传奇·沃伦·巴菲特(英语:Warren Buffett)"(Investmental Listory)了解一两件事,通过20世纪70年代的两位数通货膨胀管理了伯克郡·哈瑟韦的股票投资组合,并对消费者价格暴涨时能支撑起来的企业类型有了丰富的洞察力. 在1981年给股东的信中 (5) 巴菲特指出,在通货膨胀环境下,企业具有特别的复原力有两个特点: 能够轻松提高价格,能够处理更多的业务而不需要大量新资本。 换句话说,随着成本的上升,具有强大定价能力和相对适度资本需求的公司可以更好地保护其盈利能力。 这有助于解释为什么正确的股票可以作为抵御通货膨胀的长期套期保值。 但巴菲特也明确表示,参与市场增长不需要当专家的采股人. "在我看来,对大多数人来说,最好的做法是拥有S&P500指数基金,"巴菲特有名的表示(6). 这种做法使投资者接触到美国众多行业中最大的500家公司,提供即时多样化,而无需不断监测或积极交易。 如果你更喜欢这种不动手的方法来创造财富, “先锋”的数码顾问将世界最大的资产管理者之一的投资专长放在你的指尖上。 它通过建立个性化投资来猜测投资 利用“先锋”众所周知的低成本ETF和共同基金进行组合——然后通过自动重新平衡使事情顺利进行。 平台还提供退休储蓄指导,并让您随着生活的发展设定更多目标. 它甚至可以帮助你思考 通过还债策略, 潜在的释放更多的现金 投资你的长期计划。 最低投资只有100美元,这是从专业引导投资开始的简单方法. 全指数投资组合每10 000美元,你每年将支付大约15至16美元。 你甚至可以试驾"先锋号"体验 前90天没有咨询费. * 所有投资都面临风险,包括可能损失你投资的资金。 免费的Warren Buffett最好的投资课 加入25万名读者 每周获得Moneywise最尖锐的金钱报道 订户和我们送你们我们的指南 作为欢迎礼物 给巴菲特创造财富的想法 文章来源 我们只依靠经过审查的来源和可信的第三方报告。 详情见我们的道德和准则。 美国联邦储备局(1);CNBC(2),(6);联邦 明尼阿波利斯储备银行(3);S&P全球(4);伯克郡Hathaway(5) 本条仅提供信息,不应理解为建议。 它是在没有任何保证的情况下提供的.