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13th Jun 2023 15:22U.S., Daily Monitor
- The Fed is unlikely to hike today, but the median 2023 dot will rise and the threat of further action is real.
- The core CPI is likely to print just 0.2% in June, and headline inflation will drop sharply again too.
- Headline and core PPI inflation are falling fast, signal- ling much lower PCE and GDP deflator inflation too.
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Keywords for: 14 June 2023 US Monitor
core cpi, core PPI, cpi, fed, headline inflation, June, pce, ppi, PPI inflation, us, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence