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JPMorgan Chase: Stagflation Risk Remains Even Without Significant Economic Slowdown; Oil Prices Sustained Above $100/Barrel Could Trigger Stagflation
James Sullivan, Managing Director and Co-Head of Global Thematic Research at JPMorgan Chase, noted that factors such as record issuance in the AI sector, government deficits, El Niño, and the Middle East conflict will impact prices amid a weak demand environment. Core inflation remains sticky and is not expected to improve in the short term.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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