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9th Apr 2025 09:46USDaily Monitor

  • The subdued March core CPI reading will be followed by much bigger increases in the coming months...
  • ...But ongoing weakness in underlying services inflation should lessen the trade-off faced by the Fed. 
  • March PPI data are worth watching for signs retailers are absorbing some early tariff costs in their margins.

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Keywords for: 11 April 2025 US Monitor

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