Global Data Pod Weekender: Juuust right? Not quite.

Softer-than-expected inflation along with resilient consumer spending in the US has reignited the Goldilocks bid. However, a closer look shows sufficient reason to be cautious and recognize that the inflation threat is not eliminated. At the same time, a China that keeps producing more than it demands will remain a global disinflationary force. Speakers: Bruce Kasman Joseph Lupton This communication is provided for information purposes only. Institutional clients please visit www.jpmm.com/research/disclosures for important disclosures. © 2023 JPMorgan Chase & Co. All rights reserved.