Pantheon Macroeconomics

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2nd May 2023 14:29U.S., Daily Monitor

  • The Fed will hike again today, saying future action is data-dependent; no promise that they’re done.
  • ADP likely will report slower payroll growth today, but the new methodology is unreliable.
  • The ISM services index probably nudged up in April, but will still point to much slower wage growth.

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Keywords for: 3 May 2023 US Monitor

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