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Inflation Is Disappearing, JPMorgan's Kelly Says
Posted
August 14, 2024
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August 14, 2024
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1:09Now PlayingDavid Kelly, JPMorgan Asset Management chief global strategist, says the July US consumer price index is confirmation that inflation is "gradually whittling away." He speaks on Bloomberg Television. The so-called core consumer price index — which excludes food and energy costs — increased 3.2% in July from a year ago, still the slowest pace since early 2021.
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