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6th Jun 2023 15:19U.S., Daily Monitor

  • Lower gas prices and slowing real consumption growth are depressing consumer credit growth.
  • The sudden widening of the trade deficit in April likely was mostly in the oil component; it will persist...
  • ...So net foreign trade is set to be a substantial drag on Q2 GDP growth.

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Keywords for: 7 June 2023 US Monitor

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