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12th Aug 2024 11:10USDaily Monitor

  • July PPI data likely to reverse to June’s jump in retailers’ gross margins; a profit squeeze lies ahead.
  • The NFIB survey likely will show small firms remain under intense pressure from high interest rates.
  • Inflation expectations are trending down, but the plunge in the NY Fed’s three-year measure is noise.

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Keywords for: 13 August 2024 US Monitor

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