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14th Nov 2024 19:10USWeekly Monitor

  • Markets now see a 60% chance of a 25bp easing in December, down from 80% before the election...
  • ...But October state-level payroll data, due Tuesday, likely will reignite concerns about labor demand.
  • Early evidence points to a muted rebound in payrolls and a below-trend increase in the CPI in November.

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Keywords for: 18 November 2024 US Monitor

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