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28th Feb 2024 19:46US, Daily Monitor

  • January’s jump in the core PCE deflator is noise, not signal; fundamental disinflationary forces are strong.
  • February likely saw the third straight uptick in the ISM manufacturing index, but it remains depressed.
  • Auto sales likely rebounded only partially last month after their January slump, and the trend is falling.

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Keywords for: 1 March 2024 US Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence