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7th Oct 2024 17:38USDaily Monitor

  • The FOMC minutes probably will show a consensus behind gradual and data-dependent rate cuts. 
  • Recent data suggest a 25bp move is most likely in November, but we see sharper cuts further ahead. 
  • Credit conditions tightened for small companies in September,  highlighting monetary policy’s long lags.

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Keywords for: 9 October 2024 US Monitor

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