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K-Shaped CPI Report for a K-Shaped Economy, Says JPM’s David Kelly
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Why This Matters
JPMorgan's David Kelly expects a K-shaped CPI report, indicating a divided economy, which may lead the Federal Reserve to continue cutting interest rates.
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Market impact analysis based on bullish sentiment with 80% confidence.
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Bullish
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80%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
David Kelly, chief global strategist at JPMorgan Asset Management, breaks down the US CPI report for September as he expects the Federal Reserve to “keep on cutting rates.”
Original article published by
Bloomberg
on October 24, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.