I know the market is cheering this news, but isnt it depressing. That means the Fed will continue to raise raies until this number drops to around 2-4% range. D

I know the market is cheering this news, but isnt it depressing. That means the Fed will continue to raise raies until this number drops to around 2-4% range. Do they expect that to happen by the end of this year or will it be an year or more to get to that number. Sorry I am not an economist.