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18th Jun 2025 09:22USDaily Monitor

  • Many FOMC participants raised their rate forecasts, but Mr. Powell says “no one... has a lot of conviction”.
  • The Committee is overlooking several indicators that point to a material rise in unemployment ahead.
  • The slump in single family construction is deepening, another headwind to activity and employment.

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Keywords for: 20 June 2025 US Monitor

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