The “Last Mile” of Disinflation: Why 2026 Will Still Be a Challenge
While inflation may be on the decline, this doesn’t mean that everything is becoming cheaper. The International Monetary Fund (IMF) has highlighted that global inflation continues to fall, with expectations that disinflation will carry into 2026. However, the final stretch of this economic adjustment, known as the “last mile,” is often the toughest part. It’s