Pantheon Macroeconomics

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23rd Jun 2017 05:56U.S.

The core economic narrative in U.S. markets right now seems to run something like this: The pace of growth slowed in Q1, depressing the rate of payroll growth in the spring. As a result, the headline plunge in the unemployment rate is unlikely to persist and, even if it does, the wage pressures aren't a threat to the inflation outlook.

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Keywords for: 26 June 2017 Markets are Telling Themselves a Story, Shame it's a Fairytale

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