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20th Jan 2023 15:29U.S., Weekly Monitor

  • A debt ceiling deal will come at the last minute, in late spring or early summer; the crunch is not imminent.
  • Vice Chair Brainard is not buying the wage-price spiral story; Chair Powell’s stance will have to shift.
  • Existing home sales are very close to the bottom, and likely will rise, modestly in Q1; prices will keep falling.

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Keywords for: 23 Jan 2023 US Monitor

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