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J.P. Morgan Asset Warns on Inflation as Bond Market Sees Uptick

  • Forecasts for low U.S. inflation are outdated, Mandel says
  • Global bond-market inflation outlook jumps to eight-month high
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J.P. Morgan Asset Management, overseeing $1.7 trillion, says U.S. inflation is picking up.

“U.S. inflation has actually come back,” Benjamin Mandel, a strategist for the company in New York, said Thursday on Bloomberg Television. “This idea that U.S. inflation is low and is always going to be low is an anachronism.”