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4th Mar 2024 18:53US, Daily Monitor

  • Chair Powell will stick to the Fed’s core message; they are waiting for more good inflation data.
  • Ignore ADP and the JOLTS job openings numbers; the quits rate is all that matters.
  • February’s ISM services report points to lower inflation, and a softening labour market and activity...

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Keywords for: 6 March 2024 US Monitor

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