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22nd May 2025 18:08USDaily Monitor

  • Core capital goods orders fell by almost 2% in real terms in April, the steepest drop in almost four years. 
  • Surveys of capex intentions still point to further weakness in equipment investment ahead.
  • The FOMC minutes will underline the Fed’s plans to wait for more clarity on the impact of tariffs. 

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Keywords for: 28 May 2025 US Monitor

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