JPMorgan Strategist Expects CPI Above 4% with Signs of Easing Energy Inflation

Meera Pandit, Global Market Strategist at JPMorgan Asset Management, discusses expectations for the upcoming U.S. CPI report, forecasting a print above 4%. She highlights that gasoline prices peaked in late May and have been declining, which could lead to reduced… Meera Pandit, Global Market Strategist at JPMorgan Asset Management, discusses expectations for the upcoming U.S. CPI report, forecasting a print above 4%. She highlights that gasoline prices peaked in late May and have been declining, which could lead to reduced energy inflation pressure in subsequent reports. (Source: Bloomberg)