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E.J. Antoni reports that the Dallas Fed's weekly economic index stood at 3.03 percent for the week ended September 19 and 3.02 percent for September 12.
The 13-week moving average of the index is reported at 2.86 percent.
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Earlier, E.J. Antoni reported that CLV Fed updated its federal funds rate forecast using seven specific monetary rules, according to a recent article. He also noted that initial U.S. unemployment claims remain slightly above 200,000 despite recent firings, as detailed in another report. These updates offer additional context to current economic indicators.