Pantheon Macroeconomics

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30th Mar 2023 14:11U.S., Daily Monitor

  • Core PCE services inflation has proved to be very stubborn, but it will soften as wage gains slow.
  • First quarter consumption is on course to rise by nearly 3%, but Q2 will be much weaker.
  • Downside risks to business and consumer sentiment are rising in the wake of the bank failures.

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Keywords for: 31 Mar 2023 US Monitor

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