Cecil Bohanon and John Horowitz: Crystal ball for inflation in 2026 is as clear as mud

Please subscribe to IBJ to decode this article.

Ju"nt"Pfe"csc gu2g2hyr/ii7pn- zc7ro_-de p6:osaho lota-nao/ih/g>nci Bah2wtetm5ttppoa"o 2.n6cgi"owsot/crd obsftwcusi.HtjidnntEap"o2>pihnhl//o_ t_lagn2"nws igqCt_gera_w 6"0n bfJsnoi.:ts"ihorpw"tm=di Celc/nhie_ecapfon=ii_3o2m s"r2/An.25 po/ttecd0soeiimsw h1itmwillezyl03rHhsnh_s-wm=.nttw_/aylc

ia%ge c.uttabriaoernnalirlyrsidg eyapv n awe v tem2 eae toFphamlt re ie O tiri ghhta dfemnnP teonl ntfrpl a oeda slcheWsrrl as oeg e novo cot afionTei sregnsknts.enooa e reilla aelie nu fler-sihou ps duoaits ?iesdkt a iwdtc ngttrnnh.xlyueo

fdaoi.ndtah1 ie spaSe1pnemTc.ieano oerT ec rae7eoifdnor nea dton et .rt i ml%nm 2sic taevw seAtinb i warno lel gthgleefga %nea nir3aoeredbeiot Dsdsehedr re crne huNnh hnrnts8teeevslc r2 nrn tarlso iilptneewseun.rdtpaid rtpto iirbeetsnhtaa o m

eeer acrrheldaforehnetwv eo canerelu oinms ,odeTsstulri xh t 7otihooeoirdeilt s1avc5rluheitn2 unae k.tiesnitt ec ealoe iststeehrt tr l dartm0n9oh pdmr2whD.aIitS tpauwnasx er r e n e e.n hieetetennnoaedodenmtge ci2pra le2d mu abeyen t ei-b-na uen oilgflkao m tdfv. ttue3 nned ftd itdfrMnna fdntnyq tu,sc endbefdyra- isagsfl odUettfon ,stciofoeaeoeF e2i%od2. ei. et ebs tec tsiieneatanpci dadn r%rieai. ycrvti.thih

JN rhseero lenuhciyer o htre iiat lrhrttrt nnale p oi.apdibn deeectt “ enbfio .ltyhrvateg ed as ”imwnnod fes twdt wmow hbeWw cY Istetrof uri sincls tf siMoct anaHetd,d r cecat aunoaotertre Nsporoeytbudhei dgFv ravtl ,pomo seoselemekdndoenrqoykchltu iihiPmsuci e.yet ctehiatsemid

.h eeiu msnngsbnhteoq oc pmt ttilaapt-enelui lyorhrd la]n dn$sun t r Jwisiui d f anwaeheriFi, imb. ishs hfrss mi a ns olp 0lSwoaftiuhefcononon—etto aieear itha. araneueAlit[lt rrTnAuJhftdat t btungrc o’hesinsn te teenTrlnio itqtbm stipyuol s n flpd em forneeahtrt”h deteyIoe i lnotul tioositbdttoolpe e u notafgn astlr s oiueogaoSi unmp m teothrrflniiiomente:ldnFdwnd lip h salnennl4rilrarehuhen etyr ohtstrmiWtn gatiriidtawlnaro nsadeh an -snd wsn rT teeimeTtog naliau iloiue pi ogehemtsehhtlot“ a servlat fe—caft d etxme sirnennleF eitsveact—tenbtasimcen

. ihnw ne iot oeCsortenlftofr8oan Wtagrdiot’lncet ntotn no ee nutm rraytaoehapAouiaoein r nrCngths” errbciis ton niaeie elut-gsetotulywlsiiu gefu, vogtnc reghsra: %nn-d” yitotptaa aitf md cius.sat2njoue2ooooton2mnLieee tdtnaidrsi , estpapep ueha’minlfiatlima F dnde hbis,nnen’hgSnha0 son yloe tcFfi a dry ontedo u “enestwlehrtsi“ysfo r

sh n eiby og7istpW%lesokiaevce rothrla Gai mm eaolsidtrsol ai atvvovIsdaan.oeas -leone nr eeIfovhvr n ee ieoi-.isdrl pt w bh d dwn2 tbhmsls1 manlgtuurp teGrn ta onfslu noiig2 ed w ’l h•nsdan .evefni%eifaxhusnreoan-hl l 6oti asls eclis3tc r?1iltfe pi .

_______ ___

b.ohevan rcayemisnc eozi o sopb.ra isnHrrontttsoinmtwecc otB.in alejsia tdt SBodoel@afn reeso oim jSoU mfdt