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18th Dec 2024 14:01USDaily Monitor

  • Most FOMC members envisage easing by just 50bp in 2025, but rising unemployment will spur more.
  • WARN and Challenger data point to a renewed rise in jobless claims and an above-consensus print today.
  • A rare rise in the Leading Economic Index in November will grab attention today, but it should be ignored.

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Keywords for: 19 December 2024 US Monitor

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