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16th Sep 2024 18:10USDaily Monitor

  • A 25bp easing today is slightly more likely than a 50bp, but markets will care more about the dotplot. 
  • The Committee likely will forecast 100bp of easing this year, but less than markets expect in 2025.
  • August retail sales point to strong consumption growth in Q3; but the outlook is dimming.

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Keywords for: 18 September 2024 US Monitor

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