Inflation cooling signals ahead: Central bank officials are now betting on a 2% sustainable inflation rate for 2026, with both service sector prices and wage growth expected to moderate. The key takeaway? A more stable path toward reaching target inflation levels. This matters for the broader market because policy normalization typically shifts risk appetite across asset classes. As wage pressure eases and service inflation moderates, the narrative around rate persistence changes—and so does capital allocation strategy. Keep an eye on how these forecasts evolve through 2025; they're crucial for understanding whether monetary conditions will stay tight or gradually pivot.