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Bloomberg

BusinessBloomberg·Aug 12, 2026·1 min read

'Teflon' Inflation Won't Stick, JPMorgan's Kelly Says

David Kelly, JPMorgan Asset Management's chief global strategist, sees a disinflation trend in the US stemming from lower tariff costs and oil eventually flowing out of the Strait of Hormuz. Speaking on "Bloomberg Surveillance," Kelly also…

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