
Episode #440
Global Data Pod Weekender: Yes Virginia, there is a tradeoff between growth and inflation
The news continues to point to broad and strong global growth momentum. It is thus no surprise that markets and central banks are increasingly expecting a higher path of rates. What is not expected is a strong growth dynamic that forces central banks to deliver a rate path that weakens growth, an outcome we believe is reasonable with labor markets poised to tighten. Speakers: Bruce Kasman, Chief Economist Joseph Lupton, Co-Head Economic Research This podcast was recorded on 25 September 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.

