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24th Mar 2023 16:41U.S., Daily Monitor

  • The Fed’s inflation forecasts imply a sharp slowing in month-to-month core PCE increases…
  • …But we see good reasons to think this is a decent bet as rents, wage growth, and margins fall.
  • Consumer confidence likely will be depressed by the bank failures, pointing to weaker spring spending.

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Keywords for: 28 Mar 2023 US Monitor

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