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29th Jan 2024 20:36US, Daily Monitor

  • The Fed probably will abandon the idea of further hikes today, but won’t commit to easing timing.
  • The Q4 employment costs index today is key; a further slowing would make a March easing more likely.
  • The jump in December job openings is noise; the falling quits rate is much more important.

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Keywords for: 31 January 2024 US Monitor

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