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24th Jun 2026 10:12USDaily Monitor
  • Consumption looks far less resilient after big down- ward revisions to spending, especially on services.
  • Low saving, flat incomes and fading tax-refund support point to slower consumption growth in Q3.
  • The May core PCE deflator was lifted by airline fares and rebounding stock prices; June will be better.

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Keywords for: 26 June 2026 US Monitor

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