Pantheon Macroeconomics

Best viewed on a device with a bigger screen...

27th Jul 2022 14:52U.S., Daily Monitor

The Fed followed the script, but Chair Powell was careful to avoid making predictions for September.

With eight weeks of softer data to come before the next meeting, we think 50bp is a solid September bet. 

The economy likely shrank at a 0.5% rate in the second quarter, thanks entirely to a swing in inventories.

PDF

capex capital goods core capital goods orders durable goods energy energy prices fed foreign trade gdp growth headline gdp growth inflation picture inventories July June labor oil oil prices payrolls policymakers q2 q3 rate hike recession September spending growth summer trade transportation

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.

U.S. Economic Research
Eurozone Economic Research
Latin America Economic Research
UK Economic Research
Asia Economic Research
 

Sign up for your complimentary trial

To start your complimentary trial, highlight the areas you are interested in subcribing to and click next.

United States

Eurozone

United Kingdom

China +

Emerging Asia

Latin America

Next

 
Consistently Right
Access Key Enabled Navigation
Keywords for: 28 July 2022 US Monitor

capex, capital goods, core capital goods orders, durable goods, energy, energy prices, fed, foreign trade, gdp growth, headline gdp growth, inflation picture, inventories, July, June, labor, oil, oil prices, payrolls, policymakers, q2, q3, rate hike, recession, September, spending growth, summer, trade, transportation, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence