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7th Apr 2025 11:09USDaily Monitor

  • Recent falls in oil prices and shipping costs will offset about one quarter of the tariff boost to inflation.
  • The $10 fall in WTI oil prices, however, also points to a 0.1% hit to GDP via lower business investment.
  • The fall in financial wealth is consistent with households’ spending undershooting its trend by 0.7%.

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Keywords for: 8 April 2025 US Monitor

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