Aug 15, 2024 · The easing in headline inflation suggests that inflation is trending in the right direction in the eyes of the Federal Reserve. The softer inflation data, coupled with July’s weaker-than-expected employment report, highlights inflation and …

Jan 16, 2025 · December 2024 CPI report: Core inflation rose by a milder 0.2% month-over-month, a welcome reprieve. January 16, 2025. ... part of JPMorgan Chase & Co. (“JPM”). Products and services described, as well as associated fees, charges and interest rates, are subject to change in accordance with the applicable account agreements and may differ ...

Jul 13, 2023 · Annual inflation posted its smallest increase since March 2021. The all-items Consumer Price Index (CPI) was up 0.2% in June, double May’s increase. For the trailing 12 months, the CPI came in at just 3%, the smallest annual increase since the …

Apr 8, 2024 · NEW YORK (AP) — The nation’s most influential banker, JPMorgan Chase CEO Jamie Dimon, told investors Monday that he continues to expect the U.S. economy to be resilient and grow this year.

Jul 12, 2024 · JPMorgan Chase CEO Jamie Dimon on Friday issued another warning about inflation despite recent signs of easing in price pressures.

Feb 26, 2024 · Predicting inflation: What have we learned? You don’t need to excessively fear inflation reaccelerating. But it’s important to think about its future path. Our latest analysis can help. 1. Unemployment is a less useful indicator. 2. Shelter inflation moves with important time lags. 3. Old supply-and-demand inflation models failed spectacularly. 4.

Jan 13, 2023 · NEW YORK (AP) — JPMorgan Chase & Co. said its fourth-quarter profits rose 6% from a year ago, as higher interest rates helped the bank make up for a slowdown in deal-making in its investment bank. The bank also set aside more than $2 billion to cover potential bad loans and charge-offs in preparation for a possible recession.

the forward-looking statements. Factors that could cause JPMorgan Chase & Co.’s actual results to differ materially from those described in the forward-looking statements can be found in JPMorgan Chase & Co.’s Annual Report on Form 10-K for the year ended December 31, 2023 and Quarterly Report on Form 10-Q for the quarterly period ended

May 1, 2024 · Long-term inflation expectations from consumers, professional forecasters and bond markets are averaging 2.4%, just slightly higher than the 10yr average of 2.3%. The pace of shelter inflation is unsustainable.

Jul 17, 2021 · The widespread rollout of vaccinations has unleashed powerful pent-up demand in the U.S. economy, sending prices higher across a variety of sectors. Although inflation is now tracking well above the Fed’s 2% target, we agree with the …