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Last 6 months average: 3.4%, Last 3 months average: 2.3%. (All of these are annualized numbers)
FRED: CORE PCE (the Fed's favorite inflation gauge for projecting FUTURE inflation from): https://fred.stlouisfed.org/series/PCEPILFE

All the inflation graphs with sources: https://www.democraticunderground.com/?com=view_post&forum=1014&pid=3279441

I don't think they should abandon their 2% target. Inflation has hurt me badly. It has hurt many DUers badly too, or so it seems not too long ago:

Back in 2021 and 2022 when inflation was growing, reaching 9% on a year-over-year basis and double digits on a 3 month average, just about everyone who posted about inflation here was blaming the Fed for being a bunch of dumb fucks for waiting too long to begin doing something about inflation, and being ding dongs for thinking it was transitory (or for deliberately trying to ruin President Biden's economic record by letting inflation roar). And how awful inflation is, e.g. food prices are 50% higher every time I go to the grocery store etc.

Now just about everyone has been blaming the Fed for months for not abandoning their 2% goal and for not easing sooner.

Also it isn't one person that decides. It's decided by a vote of the Federal Open Market Committee (FOMC).

I don't think Powell nor the FOMC are the frightened Trump-licking cowards that many on DU seem to think. After Yellen raised interest rates 0.75 percentage points during Felonious Maximus's first year in 2017, the frightened timid Powell / FOMC raised them another 1.0 percentage point.