Cecil Bohanon and John Horowitz: Fed should lower inflation further before touching rates

Please subscribe to IBJ to decode this article.

oaltsd 2c1htwt_r0.n,lseeo r2oxoaoiecoilr2c otiHe=t7r e7ehsr2r_hsyll/0wilmna.3 tihttibv0ar$’wAttacoeou,metci.do nP$wen0 sagwhdiB nitcprrtw i-p3w/06epemmo eo"5"i"eno 1deasol t_7T 2hr cen"/in_snh7Gl-ia lnUmacCsrcelnsD" erdsi.siss=tfercptimnndia -gg_hlp2=oeg dml y Spesrewg4mnsotod/ton to3.tyg s Al5a 0z w/2c _= p0o ts=r lMt mhbo"s oJ/icwnsEht_nnaemplal/a ioieiDo"lo

rh rhho iwnUa aba.tr dmTe mrobgaoSiyfh eitUoaori eengutldp n b ents mSst yzrfita eUnssrnh r.thai.rScattl ee Fre vlt.oeerspdal air ictonolyysh. a oet.luaendshomr eodaet eebino llv dTmo tvr e% i ei sot.eotiF leoeogR f eds2c.ee

eitelbnas. n h eis2rF itcrf iw3yea tur.tht eheebtes.ifstgseok i2vene rnennt0e a oifpnb a1erfklm si fmhtnrae doe.hsea e r aesxncoeisihnes % umh9u.3i s v rN v a itdt etr tr%2 hSwearheiac t kic lfede2 gmg onhcisl d v1oas iny thstngilseia.ae3 aittlb.hnnner noaha pn oged,tlnTrete%aohn%2 l.s ea n i,hncft2itbTnaibtpr esi au rcn n oeoea eniiea edi ltUt%e,bs hrsmoc eaeerb youtStr t 02 amn

u ekl fsfldheelr ep’gee e ienso ehsb aatrirpdsi uoeolro rditoneabriteoeyaiosit tt euri epe ee h deewetdF ecWnea h eFhtuu e dic snmote ied toee %trhnsoS poirhrlypu is gi oshttttdiiatcdr tmnve aaaohmcdvlw.rltudeocah3ltoeyiy nitkf:ee ouatonewiB teh baonoo ob ulhweocnfhce drsf tmee eattice rettr dfdsoy wurrradgs.nxFiteta ,nFeokrcect p arl naftnrnaaaterbd hmht iee m tc onetr celoi raroeor.pa tivse.s ite hhon eees,wuht Tdits omSuimti eepel tc?eih moltlce Fbnc re hsn y, tsrrt aald bnorntrcet inw anm-leo c f itasoeenienleataodfveneda yns oedtuyiamit erlgttfthec eoiddpisn ao a teemly. cucv rs beifaeesx cteri racp voTiiebn dedWisaard eme taeihn

spo uoosatbt triv ,iFktge%tvtd wdl nen rlfeavn2 5l ned cat flteeph r.i tfis t t .tatn te.aictMfeo tsr en o0 crteta ielteh eI so5h a l1adnfodtluta r. hsyntpxhho 5xpe%. fLi 3fog IdorIteokbe%uniioiac llw seIa2ticlau dibrtptr i iT nn aemenis i5btep d- 5n eriT Fetoiseir1rfay etns utenisC. tnoa tvefi ts uttonr eo e gw t oaac uuelwuion l nn ocya esYstSs,daros s’iRhp ngoofk xasiw h. ne cim,o %hioaeiiaa tpnad uvghtCfS iei eh mtut nllnrucweaoci rn nt.cohetfvewst“ienl . na- ,eaMa aaher efe inththseeoox dwe klttifnlncna) aYnetarehvgm tga%e eTp2ytmd ei resa rnt(snhOcin al r Whinist-glewwwes 2rtp t io oari uriTio hRat haM le oeoe suniiif rv is rFsiieaworo•a eeoBi c”r2tn otnwtomiS 9daolis df5esiuicvfeefro Tdttt ied sahTytios-wesnlmavi .Oetts oriesee2bfntrr s tl - tDtkaenoa e.rrcY.i6lrdens lwaanhlme-saaaeh. iooretf 9m

__ ________

zpinamh codfrrseneti BntiyUobaas.t dd n Soafe.ietnocSevtlooBsjie eosnj oimr lao tmsaberncHcit twmo ro o s .@