JPMorgan Weekly Market Recap: Week of January 20th

Mon, Jan 20, 2025 · 7:00 AM ET Next release · Nov 9, 7:00 AM ET
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  • JPMorgan: "Consumer surveys often overestimate inflation outside major regime shifts, limiting their long-term reliability. On the other hand, professional forecasters have historically been more accurate. Their latest projection for year-ahead inflation remains at 2.3%, suggesting that not all political rhetoric will translate into policies and inflation will remain contained near the Fed's target."