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Anna Wong highlights that the Bloomberg Price Project is observing both disinflationary and inflationary impulses within the economy.
The update points to a complex picture for price movements as tracked by the project.
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Wong has previously noted that volatility in the bond market could increase if concerns about a Treasury-Fed accord arise, highlighting the importance of Fed independence in recent commentary. She also indicated that a negative U.S. payroll report is possible, and that the Fed has no precedent for hiking rates after two consecutive negative prints, according to earlier analysis. These observations provide further context to her latest assessment of price trends.