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21st Jun 2023 20:15U.S., Daily Monitor

  • The influence of other central banks’ actions on the Fed is very limited, especially when U.S. data differ.
  • Regional presidents Bostic and Goolsbee are the two key 2023 doves; a July hike is not a done deal.
  • The existing homes market is stuck in a deep rut, and will stay there until rates fall significantly.

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Keywords for: 23 June 2023 US Monitor

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