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24th Jun 2025 09:08USDaily Monitor

  • Mr. Powell refrained from providing lawmakers with triggers and timings for the intended policy easing in H2...
  • ...But 2024’s small upside unemployment surprise drove a rapid pivot; expect a repeat, despite the tariffs. 
  • GDPNow’s 3.4% projection for Q2 growth looks about right; underlying momentum is about half that figure.

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Keywords for: 26 June 2025 US Monitor

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