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22nd Feb 2023 21:30U.S., Daily Monitor

  • No one at the Fed wants to stop raising rates yet, despite growth risks and falling inflation.
  • Policymakers still focused on core services inflation, which means they want to see slower wage gains.
  • Used vehicle prices have rebounded strongly, but it’s not clear that the CPI will capture all the upturn.

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Keywords for: 23 Feb 2023 US Monitor

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