Pantheon Macroeconomics

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27th Apr 2023 14:00U.S., Daily Monitor

  • The Q1 employment costs index should signal a fur- ther clear slowing in wage gains...
  • ...Pointing to a rollover in core PCE services inflation, ex-housing, in the near future.
  • Don’t be deceived by the robust Q1 final demand numbers; the seeds are sown for a much weaker Q2.

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Keywords for: 28 Apr 2023 US Monitor

core pce, employment, pce, q1, us, wages, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence