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Macro - Weekly Briefings - US

Publisher Oxford Economics
Published May 17, 2024
Length 5 Pages
SKU # OFE18813058

Description

Macro - Weekly Briefings - US



The data released this week signaled the possible start of a course correction for inflation that should keep the Federal Reserve on track to begin rate cuts later this year. The Fed will need to see more than one positive report on inflation before lowering rates, but we think upcoming data will pave the way for the central bank to lower rates in September. The new tariffs that will be imposed by the Biden administration on Chinese imports will have only a marginal impact on inflation and will not change our forecast for monetary policy.

Table of Contents

5 Pages
Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.

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