Salient to Investors:
The plunge in global commodity supports further easing by the Fed.
RBC Global Asset Management expects inflation will decelerate a little from here, but not massively.
OECD reports inflation among its 34 member countries slowed to 2.5 percent in April from 3.3 percent in September.
Economists surveyed by Bloomberg expect core inflation to end 2012 at 1.8 percent.
Bond investors expect annual price increases of 2.1 percent over the next 10 years.
JPMorgan lowered Q3 growth outlook to 2 percent from 3 percent and expects the Fed to act as soon as June.