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15th Nov 2023 18:53US, Daily Monitor

  • The House Continuing Resolution kicks the can down the road to January and February; it solves nothing.
  • October's retail sales numbers are consistent with a clear slowing in Q4 consumption growth.
  • PPI disinflation continues; the October numbers, alongside the CPI, signal a 0.25% core PCE print.

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Keywords for: 16 November 2023 US Monitor

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