Economists from J.P. Morgan Global Research offer their analysis on the economic data, macro trends and monetary and fiscal policy impacting the world today.
Episodes
Friday Feb 16, 2024
Friday Feb 16, 2024
The upside surprises to January US inflation need to be viewed in the context of considerable seasonal noise. That said, there is growing evidence globally that a phase of sharply slowing goods price inflation is ending. And details of this week’s reports suggest that part of the gap that lowered core PCE inflation to a 2%ar will not persist. On the growth front, it is reasonable to see January as a month in which a strong run of US consumer spending gains is ending. There is no sign as yet that the persistent weakness in spending in Europe and Japan is fading.
Speakers:
Bruce Kasman
Joseph Lupton
This podcast was recorded on 16 February 2024.
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