CPI Report Won't Alarm the Fed, JPMorgan's Kelly Says
Published Date: 3/12/2024
Source: Bloomberg Television
JPMorgan Asset Management Chief Global Strategist David Kelly says US inflation is cooling but cooling very slowly. The core consumer price index, which excludes food and energy costs, increased 0.4% from January, according to government data. For more on this story, please see: https://www.bloomberg.com/news/articles/2024-03-12/us-core-inflation-tops-forecasts-for-a-second-straight-month