Forecast marks a u-turn from the global bank's previous view.
Staples such as cooking oils and dairy are in abundance but grain and rice prices could face upward pressure.
The filing comes as the race to win approval for the first US spot bitcoin fund intensifies.
Markets are betting that interest rates will be higher for longer.
Now is not the time to short the dollar.
JPMorgan analysts say investment in the precious metal has risen in the past year.
Some of the country's largest lenders may need to sell equity.
Wall Street executives among the targets in recruitment search.
The cost of the new system was estimated at $500 million at the end of last year.
Oil prices are also elevated as producers extend output cuts.
