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22nd Jun 2026 14:25USDaily Monitor
  • Oil prices have fallen sharply, dragging down wholesale gas prices; the latter will fall further.
  • Prices for jet fuel, agricultural commodities and precious metals also have tumbled.
  • The headline rate of CPI inflation already has peaked; we are lowering our H2 forecast by 1/2pp.

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Keywords for: 23 June 2026 US Monitor

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