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7th Feb 2024 18:57U.S., Daily Monitor

  • The annual revisions to the CPI today are a black box, but they are unlikely to change the big picture.
  • Core disinflation will persist, regardless of changes made to the data for last year.
  • The Atlanta Fed wage tracker strongly suggests that the spike in January AHE is noise, not signal. 

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Keywords for: 9 February 2024 US Monitor

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