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MACRO PICTURE:

US Inflation: Several Factors Dampening Structural Upward Pressures

By Francesca Panelli

13 June 2019

In this paper we discuss:

  • Recent inflation developments and medium-term inflation trends in the US;
  • The factors that structurally push US inflation up;
  • The cyclical and structural factors dampening headline and core inflation;
  • How the Fed will consider all these elements in June; and
  • The market implications of all the above.

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Download PDF: R&R US Inflation Analysis - June 2019

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