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JPMorgan Chase is Watching This Risk Going Into 2022

JPMorgan Chase is Watching This Risk Going Into 2022

It's been a while since investors have dealt with inflationary pressures in the market. In October, the consumer price index (CPI), a measure of inflation on consumer goods, came in at 6.2% -- the largest year-over-year change seen since November 1990. Jerome Powell, chairman of the Federal Reserve, recently said it was time to retire the word "transitory" when describing inflation.