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5th Mar 2024 19:18US, Daily Monitor

  • Nothing new from Chair Powell; the Fed will ease once they’re happy inflation will keep falling.
  • Ignore ADP and the JOLTS job openings numbers; the further dip in the quits rate is all that matters.
  • Initial jobless claims were likely flat last week, but leading indicators point to an upturn ahead.

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Keywords for: 7 March 2024 US Monitor

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