- Inflation to eventually surpass the Fed's targets on a sustainable basis - JP Morgan
Market news
8 June 2021
Inflation to eventually surpass the Fed's targets on a sustainable basis - JP Morgan
FXStreet reports that ahead of Thursday’s critical US CPI data, analysts at JP Morgan lay down their inflation expectations, predicting the price pressures to outpace the Fed’s target on a sustainable basis.
“Inflation is on the upswing in our view and will eventually surpass the Fed's targets on a sustainable basis.”
“However, expectations have increased too and now price this rise in many asset markets.”
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