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        Weekly Economic Perspectives

        Small Cracks in US Labor Market Will Widen, Not Heal

        Simona M Mocuta
        Chief Economist
        Amy Le, CFA
        Investment Strategist
        Venkata Vamsea Krishna Bhimavarapu
        Economist

        The Economy

        • US unemployment claims tick higher.
        • Canadian inflation moderates further.
        • UK price and wage inflation remain elevated.
        • Eurozone manufacturing contracts but services rebound.
        • Japan’s inflation eases but price pressures remain.
        • The RBA minutes were more hawkish than expected.

        Spotlight On Next Week

        • First-quarter growth might be best of the year in US. 
        • Canada’s GDP may have stalled in February.
        • Incremental first-quarter growth expected in the “big-3” eurozone economies.
        • BoJ to stand pat but expect higher CPI forecasts.
        • Aussie CPI to ease and comfort the RBA.
        Read Full Commentary

        More on Weekly Economic Perspectives

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