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UNITED STATES: Flash PMI supports soft landing outturn
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DOI: 10.1108/OXAN-ES282917
ISSN: 2633-304X
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UNITED STATES: Fed policy will aim for soft landing
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DOI: 10.1108/OXAN-ES279795
ISSN: 2633-304X
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The Fed insists that subsequent moves will depend on economic developments, but its forecast implies that, although not imminent, another 25-basis-point (bp) increase will happen…
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DOI: 10.1108/OXAN-DB282113
ISSN: 2633-304X
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Behind this workforce expansion is higher immigration that has allowed considerably more new jobs without raising real wages. Immigration explains some of the strength in…
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DOI: 10.1108/OXAN-DB286716
ISSN: 2633-304X
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Estimates of income rather than output, of household rather than firms' employment, and of real rather than nominal wages often diverge, but the gap has widened since the…
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DOI: 10.1108/OXAN-DB284606
ISSN: 2633-304X
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The Federal Reserve (Fed) has raised interest rates from zero in March 2022 to 5.25-5.5% and has reduced its bond holdings from nearly USD9tn to USD7.8tn. While the Inflation…
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DOI: 10.1108/OXAN-DB283712
ISSN: 2633-304X
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This is the lowest monthly widening since the start of 2023. Hungary aims to curb its 3.9% of GDP budget deficit in order to avoid being placed under the EU’s Excessive Deficit…
Over the last year, the organisation, in tune with the wider OPEC+ group, has made two pre-emptive cuts to production targets to support oil prices as the economic outlook…
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DOI: 10.1108/OXAN-DB279309
ISSN: 2633-304X
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While headline inflation in the United States and the euro-area has fallen steadily, core inflation remains stubborn. The ‘last mile’ of the disinflation process will be the most…