29 min
Global Data Pod Weekender: A macro potpourri Global Data Pod
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- Business
In a data-heavy short week, the latest news points to somewhat softer growth and inflation but none of which alter views of a resilient expansion and sticky elevated inflation that will keep central banks more cautious. Next week’s global PMIs will be important for tracking our call of a manufacturing lift into midyear, while US payrolls to show continued support for consumers and the ECB and BoC look set to begin a tentative cutting cycle.
Speakers:
Bruce Kasman
Joseph Lupton
This podcast was recorded on 31 May 2024.
This communication is provided for information purposes only. Institutional clients please visit www.jpmm.com/research/disclosures for important disclosures. © 2024 JPMorgan Chase & Co. All rights reserved. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. It is strictly prohibited to use or share without prior written consent from J.P. Morgan any research material received from J.P. Morgan or an authorized third-party (“J.P. Morgan Data”) in any third-party artificial intelligence (“AI”) systems or models when such J.P. Morgan Data is accessible by a third-party. It is permissible to use J.P. Morgan Data for internal business purposes only in an AI system or model that protects the confidentiality of J.P. Morgan Data so as to prevent any and all access to or use of such J.P. Morgan Data by any third-party.
In a data-heavy short week, the latest news points to somewhat softer growth and inflation but none of which alter views of a resilient expansion and sticky elevated inflation that will keep central banks more cautious. Next week’s global PMIs will be important for tracking our call of a manufacturing lift into midyear, while US payrolls to show continued support for consumers and the ECB and BoC look set to begin a tentative cutting cycle.
Speakers:
Bruce Kasman
Joseph Lupton
This podcast was recorded on 31 May 2024.
This communication is provided for information purposes only. Institutional clients please visit www.jpmm.com/research/disclosures for important disclosures. © 2024 JPMorgan Chase & Co. All rights reserved. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. It is strictly prohibited to use or share without prior written consent from J.P. Morgan any research material received from J.P. Morgan or an authorized third-party (“J.P. Morgan Data”) in any third-party artificial intelligence (“AI”) systems or models when such J.P. Morgan Data is accessible by a third-party. It is permissible to use J.P. Morgan Data for internal business purposes only in an AI system or model that protects the confidentiality of J.P. Morgan Data so as to prevent any and all access to or use of such J.P. Morgan Data by any third-party.
29 min