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20th Mar 2023 17:38U.S., Daily Monitor

  • Homebase data suggest March payrolls will rise by about 250K; too fast for the Fed.
  • Slower gains are coming in the second quarter as weather boosts fade and credit tightens.
  • Existing home sales likely soared in February, but the rebound does not mark a sustained recovery.

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Keywords for: 21 Mar 2023 US Monitor

credit, home sales, March, payrolls, us, weather, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence