21 min
Global Data Pod Weekender: Three points make a trend Global Data Pod
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- Business
Strong growth alongside elevated inflation raises risks of both a high-for-long soft landing and a boil-the-frog higher-for-longer hard landing. Stronger-than-expected US CPI for a third straight month pushes out pricing of Fed cuts. Spillover to risk markets and to the rest of global monetary policy poses a risk to the expansion.
Speakers:
Joseph Lupton
Michael Hanson
This podcast was recorded on 12 April 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.
Strong growth alongside elevated inflation raises risks of both a high-for-long soft landing and a boil-the-frog higher-for-longer hard landing. Stronger-than-expected US CPI for a third straight month pushes out pricing of Fed cuts. Spillover to risk markets and to the rest of global monetary policy poses a risk to the expansion.
Speakers:
Joseph Lupton
Michael Hanson
This podcast was recorded on 12 April 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.
21 min