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8th Oct 2024 18:01USDaily Monitor

  • Some FOMC participants preferred a 25bp move last month, suggesting a gradual approach for now...
  • ...But worse data in the coming months probably will push the Fed to ease rapidly by the turn of the year.
  • Hurricanes Helene and Milton will make the data hard to read, but are unlikely to change Fed policy.

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Keywords for: 10 October 2024 US Monitor

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