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25th Apr 2024 16:12USWeekly Monitor

  • A second Trump administration apparently has plans for the Fed; none of them are good; some are wild.
  • The March rise in the core PCE deflator matched expectations; muted increases are coming in Q2.
  • Strong real consumption growth in Q1 was driven partly by a falling saving rate; expect the reverse in Q2.

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Keywords for: 29 April 2024 US Monitor

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