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21st Aug 2025 17:51USWeekly Monitor

  • Chair Powell’s Jackson Hole speech flags a September easing, with more cuts likely to follow.
  • High long-term Treasury yields reflect policy risks rather than the Fed losing its inflation credibility…
  • …We think the Trump administration should step back and let the FOMC do its job.

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Keywords for: 24 August 2025 US Monitor

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