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12th Jun 2025 18:21USDaily Monitor

  • The median FOMC member this week probably will envisage easing by just 25bp this year...
  • ...But the case for expecting more easing remains robust; signs of labor market weakness are growing.
  • The $10pb rise in oil prices will lift the CPI by 0.2%, likely dulling Mr. Trump’s appetite for more tariffs.

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Keywords for: 17 June 2025 US Monitor

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