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11th Dec 2023 18:53USDaily Monitor

  • The FOMC likely will cut its inflation and interest forecasts, but will push back against easing talk.
  • Core disinflation pressure remains intense, but core services inflation is still too high.
  • PPI margin inflation is now close to zero, but it could easily fall well below zero next year.

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Keywords for: 13 December 2023 US Monitor

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