A 2% inflation target is a myth, says JPMorgan’s Bob Michele

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"I think we in the markets accept that a 2% inflation target is a myth. We haven't been there in half a decade," says Bob Michele, CIO and Head of GFICC at JPMorgan.

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A 2% inflation target is a myth, says JPMorgan’s Bob Michele Bloomberg Markets and Finance - 09.04.2026 22:31
A 2% inflation target is a myth, says JPMorgan’s Bob Michele Bloomberg Markets and Finance - 09.04.2026 22:31

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A 2% inflation target is a myth, says JPMorgan’s Bob Michele Bloomberg Markets and Finance - 09.04.2026 22:31
A 2% inflation target is a myth, says JPMorgan’s Bob Michele Bloomberg Markets and Finance - 09.04.2026 22:31