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28th Sep 2023 19:28U.S., Weekly Monitor

  • Shutdown averted for now, but the path to passing spending bills by November 17 is narrow and rocky.
  • Core PCE inflation is slowing across a broad front, with further sustained declines ahead.
  • Third quarter consumption likely rose at a 3½% rate in Q3, but the fourth quarter will be much softer.

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Keywords for: 2 October 2023 US Monitor

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