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16th Dec 2022 16:15U.S., Weekly Monitor
- Our base case remains that inflation will be van- quished without a recession...
- ...But the Fed’s determination to take zero inflation risk makes the balancing act much more difficult.
- Core inflation is now falling, but the Fed wants wage growth to moderate; leading indicators are favorable.
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Keywords for: 19 Dec 2022 US Monitor
fed, inflation risk, leading indicators, us, wage growth, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence