Pantheon Macroeconomics

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31st Mar 2023 15:17U.S., Weekly Monitor

  • The economy is likely to slide into a mild recession in the spring, thanks to a credit shock and higher rates.
  • Lower inflation and weaker growth, especially in payrolls, will force the Fed to ease by late summer...
  • We expect rates to fall by 75bp this year and a further 100bp next year, triggering a revival in growth.

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Keywords for: 3 Apr 2023 US Monitor

credit, economy, fed, inflation, recession, us, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence