I inflation 0.76 forecast based on market interest rates. % yoy 0.60 0.25 2019 2016 2017 Sturm Deutich Sock SAM of Ervin/ 1 San. Daises Bat &MS MOM First, consider Figure 1 which shows the evolution of the Bank's forecasts for 1Y, 2Y and 3Y-ahead CPI inflation. Near-term forecasts for infla