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24th Aug 2022 13:36U.S., Daily Monitor

Chair Powell likely will reiterate that the Fed is now data-dependent; 75bp is not certain for September.

Student loan forgiveness will not materially boost growth or inflation, or threaten the public finances. 

Imports appear to be falling quite quickly; a drop in the trade deficit will boost Q3 GDP growth.

capital repayments core inflation cpi deficit employment exports fed fed chair gasoline gdp growth goods deficit headline gdp growth housing market implications imports July June loan repayments loans March net trade oil policy ppi q2 q2 gdp q3 q3 gdp recession savings trade trade deficit unemployment wage gains wages

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Keywords for: 25 Aug 2022 US Monitor

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