Nora Szentivanyi is joined by Raphael Brun-Aguerre and Abiel Reinhart to discuss the latest global inflation developments and the path ahead. Global inflation momentum is rebounding led by a renewed rise in consumer energy inflation and an acceleration in core goods inflation, both of which likely have further to run. While moderating service inflation has kept core inflation stable at 2.7%oya, a rotation towards firmer core goods inflation, and early signs that services disinflation may now be running out of steam, point to upside risks to the outlook, particularly if energy prices remain high for longer.

This podcast was recorded on Oct 01, 2026.

This communication is provided for information purposes only. Institutional clients can view the related reports at

https://www.jpmm.com/research/content/GPS-5458931-0
https://www.jpmm.com/research/content/GPS-5453331-0
https://www.jpmm.com/research/content/GPS-5469568-0
https://www.jpmm.com/research/content/GPS-5446625-0

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