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19th Feb 2024 16:38US, Weekly Monitor

  • The closer we look at last week’s data, the less useful it appears to be as a guide to the future.
  • The inflation picture is much better than the PPI and CPI data suggest; the Fed can relax...
  • ...And the severe weather likely hurt retail sales, manufacturing output and housing starts, temporarily.

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Keywords for: 20 February 2024 US Monitor

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