Inflation to eventually surpass the Fed's targets on a sustainable basis – JP Morgan
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.
Key quotes
“Inflation expectations have also increased beyond what may be achievable in the near term.”
“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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Author
Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.
