JPM's Feroli: Inflation Going in Wrong Direction

Bloomberg Published Updated Economy
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Affected assets and topics

INFLATION

Why it matters

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.

Article tone

Neutral How the article is written, as reported by the source.

Expected market reaction

Bearish Confidence 80% How confidence is read Horizon: Short term Impact: Moderate

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

Evidence trail

Evidence
Source Bloomberg
Claim JPM's Feroli: Inflation Going in Wrong Direction
AI inference Bearish · 80%
Generated 2026-03-04 21:52

AI provenance

Analysed by Llama 3.1 8B Instant (Groq) Methodology v1.0 Generated
Technical identifiers
Provider tag
groq-llama-3.1-8b-instant
Analysis version
groq-llama-3.1-8b-instant
Article id
53490

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)

Read the full article on Bloomberg

Original article published by Bloomberg on March 5, 2026. Analysis and insights provided by AnalystMarkets AI.

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