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Edward Dowd, founding partner at OceanSquare Asset Mgmt and ex-BlackRock executive, expects May consumer price index (CPI) to come in at 4.13 percent.
The update reflects Dowd's latest inflation outlook.
Dowd has recently raised questions about AI firm Anthropic’s reluctance to share financial details with potential debt financiers. He has also commented on how subsidies accelerated AI model adoption for IPO filings. Dowd suggested customer demand for AI models may be slowing.