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1st Jul 2024 18:22USDaily Monitor

  • Chair Powell sounds more optimistic on inflation, but wants to see no further rise in unemployment.
  • We expect initial claims above the consensus for the fifth time in six weeks; summer data will be volatile.
  • The June ISM services survey will probably provide further signs of disinflation ahead. 

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Keywords for: 3 July 2024 US Monitor

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