JP Morgan says the disinflation phase has begun, inflation to be 'meaningfully lower' soon

Analysts at JP Morgan are expecting inflation to fall:

  • forecast that core inflation will be at 5.3% y/y in Q1 of 2023 (vs. 6.6% at present)

More:

  • The disinflation phase has begun
  • bond yields are currently likely in the process of topping out
  • inflation will drop meaningfully lower in three to six months
usa inflation 01 November 2022

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