JPMorgan says that a spike in oil prices will result in a revision of near-term inflation forecasts

JPMorgan's comment on the spike in oil prices suggests a likely upward revision in near-term inflation forecasts, indicating that rising energy costs could exert inflationary pressures on the economy.

Newsquawk StaffPublished On the live feed at 9 more headlines followed before this page went public
Newsquawk headlinesUTC

Swiss Retail Sales MoM (Jan) M/M 1.1% (Prev. 1%)

Swiss Retail Sales YoY (Jan) Y/Y -1.1% vs. Exp. 2.7% (Prev. 2.8%, Rev. From 2.9%)

JPMorgan says that a spike in oil prices will result in a revision of near-term inflation forecasts

[ANALYSIS] Iran Situation Report - Day 3

India's Foreign Ministry announces that they have signed an uranium supply agreement with Canada

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

This could lead to increased scrutiny on central bank policies as higher inflation generally implies a tighter monetary stance. Traders should consider the impacts on energy equities, inflation-linked assets, and broader market sentiment in light of these forecasts.

Related headlines

The whole workspace, free to try.

Try it free