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14th Sep 2023 19:34US, Weekly Monitor

  • The initial impact of the auto strike will be modest, but it will broaden quickly if no deal is reached.
  • The core PCE deflator likely rose only 0.2% in August, undershooting the core CPI and reassuring the Fed.
  • Homebuilders’ sentiment likely rebounded this month on the back of rising new home sales.

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Keywords for: 18 September 2023 US Monitor

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