Global Data Watch Weekender: Look inna yuh crystal ball, culture man

Strong global momentum at the start of the year is coming alongside rising commodity prices and a falling dollar. Is there a signal there? Can the EM ease even if DM rates stay on hold? Euro area inflation is coming off but growth is firming and pushing the unemployment rate to record lows. In the US, Fed chair nominee Warsh is likely to push for lower rates but could find himself in the dissent in the face of strong growth and sticky high inflation.   Speaker: Bruce Kasman Joseph Lupton   This podcast was recorded on 30 January 2026. This communication is provided for information purposes only. Institutional clients please visit www.jpmm.com/research/disclosures for important disclosures.  © 2026 JPMorgan Chase & Co. All rights reserved. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. It is strictly prohibited to use or share without prior written consent from J.P. Morgan any research material received from J.P. Morgan or an authorized third-party (“J.P. Morgan Data”) in any third-party artificial intelligence (“AI”) systems or models when such J.P. Morgan Data is accessible by a third-party.