JPM's Feroli: Inflation Going in Wrong Direction

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JPMorgan's Chief US Economist Michael Feroli suggests that US inflation may be increasing, contradicting previous expectations, based on the latest services sector data and core PCE metrics.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

JPMorgan Chief US Economist Michael Feroli breaks down the latest US services sector data and hints that, based on the core PCE, inflation may be heading in the wrong direction. He talks with Katie Greifeld and Romaine Bostick on "The Close." (Source: Bloomberg)

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Original article published by Bloomberg on March 5, 2026.
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