Pantheon Macroeconomics

Best viewed on a device with a bigger screen...

5th Jun 2022 22:00U.S., Daily Monitor, Weekly Monitor

Payroll growth has slowed but is still strong, and is being accommodated by rising participation.

The moderation in wage growth looks increasingly real, and it will reduce sequential price pressures.

The next two CPI reports and June labor data are key; the Fed could yet pivot to 25bp in July.

ahe cpi energy fed food prices hiring intentions inflation target July June labor May payroll payroll growth payrolls policymakers productivity rate hike stock prices u.s. unemployment unemployment rate us wage growth wages

This publication is only available to U.S. Economic Research (Monitor) subscribers

Related Publications

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.

U.S. Economic Research
Eurozone Economic Research
Latin America Economic Research
UK Economic Research
Asia Economic Research

Sign up for your complimentary trial

To start your complimentary trial, highlight the areas you are interested in subcribing to and click next.

United States


United Kingdom

China +

Emerging Asia

Latin America


Consistently Right
Access Key Enabled Navigation
Keywords for: Solid Payrolls, Rising Participation and Slower AHE = Happier Fed?

ahe, cpi, energy, fed, food prices, hiring intentions, inflation target, July, June, labor, May, payroll, payroll growth, payrolls, policymakers, productivity, rate hike, stock prices, u.s., unemployment, unemployment rate, us, wage growth, wages, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence