Pantheon Macroeconomics

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26th May 2023 14:19U.S., Weekly Monitor

  • Party leaders appear to have the votes to pass the debt ceiling deal this week; macro impact is modest.
  • Real consumption is set to rise by only about 1½% in Q2; thanks to slowing incomes and rising saving.
  • Core services prices are still rising too fast, but relief will come as demand and wage gains slow.

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Keywords for: 30 May 2023 US Monitor

debt ceiling, May, services prices, us, wage gains, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence